Canadian National Railway Company (CNR.TO) (TSE:CNR) PT Lowered to C$148.00

Canadian National Railway Company (CNR.TO) (TSE:CNR) (NYSE:CNI) had its price objective cut by UBS Group from C$150.00 to C$148.00 in a research note published on Wednesday morning, AnalystRatings.net reports.

A number of other equities analysts have also recently weighed in on CNR. Scotiabank upped their price objective on shares of Canadian National Railway Company (CNR.TO) from C$137.00 to C$152.00 in a research report on Friday, October 9th. JPMorgan Chase & Co. reduced their price objective on shares of Canadian National Railway Company (CNR.TO) from C$154.00 to C$150.00 in a research report on Wednesday. TD Securities upped their price objective on shares of Canadian National Railway Company (CNR.TO) from C$155.00 to C$165.00 and gave the stock a buy rating in a research report on Wednesday. CIBC upped their price objective on shares of Canadian National Railway Company (CNR.TO) from C$125.00 to C$130.00 in a research report on Wednesday, July 22nd. Finally, National Bank Financial upped their price objective on shares of Canadian National Railway Company (CNR.TO) from C$122.00 to C$129.00 and gave the stock a sector perform rating in a research report on Wednesday, July 22nd. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of C$137.18.

Shares of TSE:CNR opened at C$137.98 on Wednesday. The business’s 50 day moving average price is C$141.27 and its 200-day moving average price is C$126.88. Canadian National Railway Company has a 1 year low of C$92.01 and a 1 year high of C$149.11. The firm has a market capitalization of $97.99 billion and a price-to-earnings ratio of 27.31. The company has a debt-to-equity ratio of 77.83, a current ratio of 0.97 and a quick ratio of 0.53.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 30th. Stockholders of record on Wednesday, December 9th will be given a $0.575 dividend. This represents a $2.30 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend is Tuesday, December 8th. Canadian National Railway Company (CNR.TO)’s dividend payout ratio (DPR) is 44.78%.

In other news, Director Edith E. Holiday sold 4,000 shares of the stock in a transaction dated Friday, September 25th. The shares were sold at an average price of C$140.13, for a total value of C$560,504.21. Following the completion of the sale, the director now directly owns 62,998 shares in the company, valued at C$8,827,661.02. Also, Senior Officer Sean Finn sold 2,426 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of C$129.52, for a total transaction of C$314,215.28. Following the completion of the sale, the insider now owns 15,613 shares of the company’s stock, valued at C$2,022,194.20. Insiders sold 43,480 shares of company stock valued at $6,039,136 over the last quarter.

Canadian National Railway Company (CNR.TO) Company Profile

Canadian National Railway Company, together with its subsidiaries, engages in the rail and related transportation business. The company's portfolio of goods comprises petroleum and chemicals, fertilizers, coal, metals and minerals, forest products, grain, intermodal, and automotive products serving exporters, importers, retailers, farmers, and manufacturers.

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Analyst Recommendations for Canadian National Railway Company (CNR.TO) (TSE:CNR)

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