Shares of Canadian National Railway (NYSE:CNI – Get Free Report) (TSE:CNR) have been given a consensus recommendation of “Hold” by the twenty brokerages that are covering the stock, MarketBeat.com reports. Seventeen investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $134.33.
Several equities research analysts have recently weighed in on CNI shares. Susquehanna Bancshares upped their price target on Canadian National Railway from $115.00 to $143.00 and gave the company a “neutral” rating in a research report on Monday, January 8th. Bank of America upgraded Canadian National Railway from a “neutral” rating to a “buy” rating and upped their price target for the company from $140.00 to $145.00 in a research report on Wednesday, April 10th. Citigroup upped their price target on Canadian National Railway from $121.00 to $128.00 and gave the company a “neutral” rating in a research report on Wednesday, January 24th. Barclays boosted their price objective on Canadian National Railway from $127.00 to $130.00 and gave the stock an “equal weight” rating in a report on Thursday, April 4th. Finally, Benchmark reissued a “hold” rating on shares of Canadian National Railway in a report on Wednesday, April 10th.
Read Our Latest Stock Report on CNI
Institutional Inflows and Outflows
Canadian National Railway Trading Up 1.3 %
Shares of CNI opened at $129.32 on Tuesday. The business’s 50-day moving average price is $129.72 and its 200-day moving average price is $122.04. Canadian National Railway has a twelve month low of $103.96 and a twelve month high of $134.02. The stock has a market cap of $82.60 billion, a PE ratio of 20.40, a P/E/G ratio of 2.22 and a beta of 0.88. The company has a quick ratio of 0.47, a current ratio of 0.61 and a debt-to-equity ratio of 0.80.
Canadian National Railway (NYSE:CNI – Get Free Report) (TSE:CNR) last announced its quarterly earnings results on Tuesday, January 23rd. The transportation company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.02. Canadian National Railway had a return on equity of 23.56% and a net margin of 33.38%. The firm had revenue of $3.28 billion for the quarter, compared to analysts’ expectations of $3.25 billion. On average, equities analysts forecast that Canadian National Railway will post 5.94 EPS for the current fiscal year.
About Canadian National Railway
Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.
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