Canadian National Railway (TSE:CNR) Given Consensus Rating of “Moderate Buy” by Analysts

Canadian National Railway (TSE:CNR) (NYSE:CNI) has been given a consensus rating of “Moderate Buy” by the sixteen analysts that are covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and three have given a strong buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is C$159.63.

CNR has been the topic of several recent research reports. Sanford C. Bernstein lifted their target price on shares of Canadian National Railway from C$156.00 to C$163.00 in a report on Tuesday, March 31st. JPMorgan Chase & Co. upped their target price on Canadian National Railway from C$147.00 to C$153.00 in a research report on Tuesday, April 7th. ATB Cormark Capital Markets increased their target price on Canadian National Railway from C$146.00 to C$150.00 and gave the company a “sector perform” rating in a research note on Friday, April 17th. Raymond James Financial increased their target price on Canadian National Railway from C$162.00 to C$170.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Finally, TD increased their target price on Canadian National Railway from C$164.00 to C$171.00 and gave the company a “buy” rating in a research note on Monday, April 13th.

Insider Activity

In related news, Director Justin M. Howell bought 350 shares of the stock in a transaction dated Friday, May 15th. The stock was acquired at an average price of C$152.74 per share, for a total transaction of C$53,459.00. Following the completion of the purchase, the director owned 350 shares in the company, valued at C$53,459. This represents a ∞ increase in their ownership of the stock. Company insiders own 2.64% of the company’s stock.

Canadian National Railway Price Performance

CNR stock opened at C$171.00 on Monday. The stock has a 50-day moving average price of C$159.14 and a two-hundred day moving average price of C$147.50. Canadian National Railway has a 12-month low of C$126.11 and a 12-month high of C$171.48. The company has a current ratio of 0.67, a quick ratio of 0.58 and a debt-to-equity ratio of 104.96. The company has a market cap of C$103.73 billion, a PE ratio of 22.53, a price-to-earnings-growth ratio of 3.38 and a beta of 1.21.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last released its quarterly earnings data on Wednesday, April 29th. The company reported C$1.80 earnings per share (EPS) for the quarter. Canadian National Railway had a net margin of 27.23% and a return on equity of 21.93%. The company had revenue of C$4.38 billion during the quarter. As a group, research analysts predict that Canadian National Railway will post 8.2610275 EPS 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.