Canadian National Railway (TSE:CNR) PT Raised to C$190.00

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price target hoisted by research analysts at TD Securities from C$185.00 to C$190.00 in a research report issued on Wednesday, BayStreet.CA reports. The brokerage currently has a “hold” rating on the stock. TD Securities’ price objective would indicate a potential upside of 11.50% from the company’s current price.

Several other research analysts also recently commented on CNR. Barclays boosted their target price on Canadian National Railway from C$170.00 to C$175.00 in a research note on Thursday, April 4th. Sanford C. Bernstein boosted their target price on Canadian National Railway from C$191.00 to C$195.00 and gave the stock an “outperform” rating in a research note on Monday, April 15th. Desjardins boosted their target price on Canadian National Railway from C$189.00 to C$195.00 and gave the stock a “buy” rating in a research note on Friday, April 12th. Royal Bank of Canada boosted their target price on Canadian National Railway from C$164.00 to C$171.00 in a research note on Monday, April 1st. Finally, National Bankshares boosted their target price on Canadian National Railway from C$172.00 to C$190.00 in a research note on Thursday, April 4th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Canadian National Railway presently has an average rating of “Hold” and an average price target of C$184.50.

Canadian National Railway Trading Up 1.2 %

Shares of Canadian National Railway stock opened at C$170.40 on Wednesday. The firm has a 50-day moving average of C$175.98 and a 200-day moving average of C$165.64. The stock has a market cap of C$109.10 billion, a PE ratio of 19.98, a PEG ratio of 2.06 and a beta of 0.65. Canadian National Railway has a 52-week low of C$143.13 and a 52-week high of C$181.34. The company has a debt-to-equity ratio of 93.89, a quick ratio of 0.58 and a current ratio of 0.61.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its quarterly earnings data on Tuesday, January 23rd. The company reported C$2.02 earnings per share for the quarter, topping the consensus estimate of C$1.96 by C$0.06. Canadian National Railway had a net margin of 33.43% and a return on equity of 27.11%. The business had revenue of C$4.47 billion during the quarter, compared to analysts’ expectations of C$4.38 billion. As a group, sell-side analysts forecast that Canadian National Railway will post 8.0140399 EPS for the current year.

Insider Activity at Canadian National Railway

In related news, Director Shauneen Elizabeth Bruder bought 6,000 shares of Canadian National Railway stock in a transaction that occurred on Thursday, February 1st. The shares were acquired at an average cost of C$168.44 per share, for a total transaction of C$1,010,640.00. In other Canadian National Railway news, Director Shauneen Elizabeth Bruder purchased 6,000 shares of the business’s stock in a transaction on Thursday, February 1st. The shares were purchased at an average cost of C$168.44 per share, for a total transaction of C$1,010,640.00. Also, Senior Officer Derek Michael Taylor sold 2,610 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of C$131.26, for a total value of C$342,577.38. 1.67% of the stock is currently owned by company insiders.

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.