Canadian National Railway (TSE:CNR) Price Target Raised to C$194.00

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price target upped by National Bank Financial from C$190.00 to C$194.00 in a report issued on Monday,BayStreet reports. National Bank Financial currently has a sector perform rating on the stock.

CNR has been the topic of several other reports. Barclays raised their price objective on Canadian National Railway from C$155.00 to C$185.00 and gave the stock an “equal weight” rating in a report on Monday, July 27th. Stephens upgraded Canadian National Railway to a “hold” rating in a report on Wednesday, July 8th. Scotia increased their price target on Canadian National Railway from C$194.00 to C$199.00 and gave the stock a “sector outperform” rating in a research report on Monday, July 27th. Sanford C. Bernstein raised their price target on Canadian National Railway from C$163.00 to C$196.00 in a research note on Thursday, July 16th. Finally, Citizens Jmp upgraded Canadian National Railway to a “hold” rating in a report on Wednesday, July 15th. Three investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$188.53.

Canadian National Railway Price Performance

Canadian National Railway stock opened at C$180.44 on Monday. The stock has a market cap of C$108.21 billion, a price-to-earnings ratio of 22.67, a price-to-earnings-growth ratio of 3.38 and a beta of 1.16. The company has a debt-to-equity ratio of 105.88, a current ratio of 0.82 and a quick ratio of 0.57. Canadian National Railway has a 1 year low of C$128.05 and a 1 year high of C$185.25. The firm has a 50-day moving average of C$170.77 and a two-hundred day moving average of C$160.92.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last issued its earnings results on Friday, October 30th. The company reported C$2.16 EPS for the quarter. The business had revenue of C$4.77 billion for the quarter. Canadian National Railway had a net margin of 26.42% and a return on equity of 22.34%. On average, research analysts forecast that Canadian National Railway will post 8.26 earnings per share for the current year.

Canadian National Railway Company Profile

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.