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

Shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) have earned an average rating of “Moderate Buy” from the seventeen ratings firms that are covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is C$158.00.

Several equities analysts have recently commented on CNR shares. UBS Group downgraded Canadian National Railway from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Royal Bank Of Canada boosted their price objective on Canadian National Railway from C$160.00 to C$178.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. BMO Capital Markets boosted their price objective on Canadian National Railway from C$158.00 to C$169.00 in a research report on Thursday, February 19th. JPMorgan Chase & Co. boosted their target price on shares of Canadian National Railway from C$147.00 to C$153.00 in a report on Tuesday, April 7th. Finally, National Bank Financial boosted their target price on shares of Canadian National Railway from C$147.00 to C$164.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 15th.

Canadian National Railway Price Performance

Shares of TSE:CNR opened at C$163.86 on Thursday. The company has a debt-to-equity ratio of 104.96, a current ratio of 0.67 and a quick ratio of 0.58. Canadian National Railway has a 1-year low of C$126.11 and a 1-year high of C$164.28. The company has a market capitalization of C$99.40 billion, a P/E ratio of 21.59, a P/E/G ratio of 3.38 and a beta of 1.15. The firm’s 50 day simple moving average is C$149.83 and its two-hundred day simple moving average is C$142.57.

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

Insider Transactions at Canadian National Railway

In other news, Director Albert Monaco bought 7,400 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The shares were bought at an average cost of C$135.68 per share, for a total transaction of C$1,004,032.00. Following the completion of the transaction, the director owned 7,400 shares of the company’s stock, valued at approximately C$1,004,032. This represents a ∞ increase in their ownership of the stock. Also, Director Justin M. Howell bought 350 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average price of C$152.74 per share, for a total transaction of C$53,459.00. Following the completion of the transaction, the director directly owned 350 shares of the company’s stock, valued at C$53,459. This represents a ∞ increase in their position. Over the last quarter, insiders have purchased 8,370 shares of company stock valued at $1,144,954. 2.64% of the stock is currently owned by corporate insiders.

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.