Brokerages Set Canadian National Railway (TSE:CNR) Target Price at C$151.60

Shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) have been assigned a consensus rating of “Moderate Buy” from the sixteen research firms that are currently covering the stock, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and three have issued a strong buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is C$152.00.

CNR has been the subject of a number of research analyst reports. Royal Bank Of Canada cut their target price on shares of Canadian National Railway from C$153.00 to C$151.00 and set an “outperform” rating for the company in a research report on Monday, February 2nd. BMO Capital Markets boosted their price objective on Canadian National Railway from C$158.00 to C$169.00 in a research report on Thursday, February 19th. ATB Cormark Capital Markets lowered their target price on Canadian National Railway from C$153.00 to C$146.00 and set a “sector perform” rating on the stock in a report on Monday, February 2nd. Citigroup lifted their price target on Canadian National Railway from C$119.00 to C$120.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Finally, Berenberg Bank increased their price objective on Canadian National Railway from C$148.00 to C$152.00 in a research report on Tuesday, November 11th.

Canadian National Railway Stock Down 0.3%

Shares of Canadian National Railway stock opened at C$150.78 on Tuesday. Canadian National Railway has a 12-month low of C$126.11 and a 12-month high of C$152.50. The company has a quick ratio of 0.58, a current ratio of 0.64 and a debt-to-equity ratio of 107.59. The stock has a 50 day moving average price of C$138.32 and a two-hundred day moving average price of C$134.46. The stock has a market capitalization of C$92.19 billion, a P/E ratio of 19.92, a PEG ratio of 3.38 and a beta of 0.85.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last released its quarterly earnings results on Friday, January 30th. The company reported C$2.08 EPS for the quarter. The company had revenue of C$4.46 billion for the quarter. Canadian National Railway had a net margin of 31.20% and a return on equity of 27.10%. Equities analysts expect that Canadian National Railway will post 8.2610275 earnings per share for the current 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.