Canadian National Railway (TSE:CNR) Price Target Raised to C$154.00

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price target hoisted by CIBC from C$151.00 to C$154.00 in a research report released on Thursday,BayStreet.CA reports.

CNR has been the topic of a number of other reports. Berenberg Bank lifted their price objective on Canadian National Railway from C$148.00 to C$152.00 in a research report on Tuesday, November 11th. ATB Capital lifted their price target on shares of Canadian National Railway from C$150.00 to C$151.00 and gave the company a “sector perform” rating in a report on Monday, November 3rd. Cibc Captl Mkts raised shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 28th. Royal Bank Of Canada decreased their price objective on shares of Canadian National Railway from C$158.00 to C$153.00 and set an “outperform” rating on the stock in a research report on Thursday, December 18th. Finally, Citigroup upped their target price on shares of Canadian National Railway from C$119.00 to C$120.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Canadian National Railway currently has an average rating of “Moderate Buy” and a consensus price target of C$153.40.

Canadian National Railway Trading Down 0.1%

Shares of Canadian National Railway stock opened at C$137.69 on Thursday. Canadian National Railway has a 1-year low of C$126.11 and a 1-year high of C$154.56. The company’s fifty day simple moving average is C$134.68 and its 200-day simple moving average is C$133.89. The company has a debt-to-equity ratio of 107.59, a current ratio of 0.64 and a quick ratio of 0.58. The stock has a market capitalization of C$84.75 billion, a PE ratio of 18.71, a P/E/G ratio of 3.38 and a beta of 0.80.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its quarterly earnings data on Friday, October 31st. The company reported C$1.83 EPS for the quarter. The firm had revenue of C$4.17 billion during the quarter. Canadian National Railway had a return on equity of 27.10% and a net margin of 31.20%. As a group, equities analysts anticipate 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.