Brokerages Set Canadian National Railway (TSE:CNR) PT at C$158.00

Canadian National Railway (TSE:CNR) (NYSE:CNI) has earned an average recommendation of “Moderate Buy” from the seventeen ratings firms that are currently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is C$158.00.

CNR has been the topic of several recent analyst reports. National Bank Financial upped their price objective on shares of Canadian National Railway from C$147.00 to C$164.00 and gave the company a “sector perform” rating in a report on Wednesday, April 15th. UBS Group lowered Canadian National Railway from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. 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. Raymond James Financial upped 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 report on Thursday, April 23rd. Finally, BMO Capital Markets upped their price objective on Canadian National Railway from C$158.00 to C$169.00 in a research report on Thursday, February 19th.

Canadian National Railway Stock Performance

Shares of Canadian National Railway stock opened at C$152.71 on Friday. The company has a market capitalization of C$92.63 billion, a PE ratio of 20.12, a P/E/G ratio of 3.38 and a beta of 1.15. The company has a debt-to-equity ratio of 104.96, a quick ratio of 0.58 and a current ratio of 0.67. The company has a 50-day simple moving average of C$147.55 and a two-hundred day simple moving average of C$140.32. Canadian National Railway has a one year low of C$126.11 and a one year high of C$158.25.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last announced its earnings results on Wednesday, April 29th. The company reported C$1.80 EPS for the quarter. The business had revenue of C$4.38 billion during the quarter. Canadian National Railway had a net margin of 27.23% and a return on equity of 21.93%. Research analysts expect that Canadian National Railway will post 8.2610275 EPS for the current fiscal year.

Insider Activity at Canadian National Railway

In related news, Director Albert Monaco acquired 7,400 shares of the stock in a transaction on Friday, March 20th. The shares were acquired at an average price of C$135.68 per share, for a total transaction of C$1,004,032.00. Following the transaction, the director owned 7,400 shares in the company, valued at approximately C$1,004,032. This trade represents a ∞ increase in their position. Also, Director Shauneen Elizabeth Bruder acquired 620 shares of the stock in a transaction on Thursday, March 26th. The stock was bought at an average price of C$141.07 per share, for a total transaction of C$87,463.40. Following the transaction, the director owned 19,071 shares in the company, valued at approximately C$2,690,345.97. This represents a 3.36% increase in their position. Corporate insiders own 2.64% of the company’s stock.

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.