Canadian National Railway (TSE:CNR) Price Target Increased to C$190.00 by Analysts at Raymond James

Canadian National Railway (TSE:CNR – Get Rating) (NYSE:CNI) had its price objective lifted by Raymond James from C$175.00 to C$190.00 in a research report sent to investors on Tuesday, BayStreet.CA reports.

Other research analysts have also issued reports about the company. Susquehanna Bancshares reissued a hold rating and issued a C$149.50 price target on shares of Canadian National Railway in a research report on Wednesday, September 28th. The Goldman Sachs Group lowered Canadian National Railway to a sell rating and set a C$150.00 price target for the company. in a research report on Tuesday, January 10th. UBS Group boosted their price target on Canadian National Railway from C$175.00 to C$184.00 in a research report on Wednesday, October 26th. JPMorgan Chase & Co. dropped their target price on Canadian National Railway from C$174.00 to C$165.00 in a research note on Wednesday, December 21st. Finally, Scotiabank set a C$170.00 target price on Canadian National Railway in a research note on Monday. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of Hold and an average price target of C$161.14.

Canadian National Railway Trading Up 0.4 %

Shares of TSE CNR opened at C$165.91 on Tuesday. The company has a quick ratio of 0.58, a current ratio of 1.01 and a debt-to-equity ratio of 71.59. The business has a fifty day simple moving average of C$166.50 and a two-hundred day simple moving average of C$160.00. The firm has a market cap of C$112.47 billion and a PE ratio of 22.79. Canadian National Railway has a twelve month low of C$137.26 and a twelve month high of C$175.39.

Canadian National Railway (TSE:CNR – Get Rating) (NYSE:CNI) last released its quarterly earnings results on Tuesday, October 25th. The company reported C$2.13 EPS for the quarter, topping the consensus estimate of C$2.02 by C$0.11. The company had revenue of C$4.51 billion during the quarter, compared to the consensus estimate of C$4.34 billion. Analysts expect that Canadian National Railway will post 8.0699997 earnings per share for the current fiscal year.

Insider Buying and Selling at Canadian National Railway

In other news, Senior Officer Donald K. Reardon sold 9,280 shares of the company’s stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of C$168.25, for a total value of C$1,561,341.33. Following the sale, the insider now owns 20,531 shares in the company, valued at C$3,454,299.44.

Canadian National Railway Company Profile

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Canadian National Railway Company, together with its subsidiaries, engages in the rail and related transportation business. The company's portfolio of goods includes petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal, and automotive products serving exporters, importers, retailers, farmers, and manufacturers.