Canadian National Railway (TSE:CNR) Price Target Raised to C$200.00

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price target upped by Desjardins from C$199.00 to C$200.00 in a report released on Monday morning,BayStreet reports. The firm currently has a buy rating on the stock.

CNR has been the subject of several other reports. National Bank Financial increased their price objective on Canadian National Railway from C$190.00 to C$194.00 and gave the stock a “sector perform” rating in a research note on Monday. TD boosted their target price on shares of Canadian National Railway from C$205.00 to C$211.00 and gave the company a “buy” rating in a research note on Monday. ATB Cormark Capital Markets upped their target price on shares of Canadian National Railway from C$185.00 to C$190.00 and gave the stock a “sector perform” rating in a report on Thursday, October 15th. Sanford C. Bernstein upped their target price on shares of Canadian National Railway from C$163.00 to C$196.00 in a report on Thursday, July 16th. Finally, Susquehanna cut shares of Canadian National Railway from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Three research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Canadian National Railway has a consensus rating of “Moderate Buy” and an average target price of C$188.53.

Canadian National Railway Trading Up 2.0%

Shares of CNR opened at C$180.44 on Monday. Canadian National Railway has a 1 year low of C$128.05 and a 1 year high of C$185.25. The company has a current ratio of 0.82, a quick ratio of 0.57 and a debt-to-equity ratio of 105.88. The stock has a 50 day simple moving average of C$170.77 and a 200-day simple moving average of C$160.92. The stock has a market cap of C$108.21 billion, a PE ratio of 22.67, a PEG ratio of 3.38 and a beta of 1.16.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its earnings results on Friday, October 30th. The company reported C$2.16 EPS for the quarter. The business had revenue of C$4.77 billion during the quarter. Canadian National Railway had a return on equity of 22.34% and a net margin of 26.42%. On average, sell-side analysts predict that Canadian National Railway will post 8.26 EPS for the current fiscal year.

About Canadian National Railway

CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.