Research analysts at StockNews.com started coverage on shares of Canadian National Railway (NYSE:CNI – Get Rating) (TSE:CNR) in a research report issued to clients and investors on Thursday. The firm set a “buy” rating on the transportation company’s stock.
Several other equities research analysts have also commented on the stock. Susquehanna boosted their price objective on shares of Canadian National Railway from $114.00 to $116.00 in a research note on Tuesday, April 25th. Wells Fargo & Company boosted their price objective on shares of Canadian National Railway from $115.00 to $125.00 in a report on Tuesday, April 25th. Scotiabank boosted their price objective on shares of Canadian National Railway from C$169.00 to C$172.00 in a report on Thursday, May 4th. Morgan Stanley raised shares of Canadian National Railway from an “equal weight” rating to an “overweight” rating in a report on Thursday, May 4th. Finally, Argus reduced their target price on shares of Canadian National Railway from $155.00 to $140.00 in a report on Wednesday, April 26th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $143.61.
Canadian National Railway Price Performance
Shares of NYSE:CNI opened at $119.16 on Thursday. The company’s fifty day moving average price is $118.56 and its 200-day moving average price is $120.14. The firm has a market capitalization of $79.28 billion, a price-to-earnings ratio of 19.76, a PEG ratio of 2.50 and a beta of 0.91. Canadian National Railway has a one year low of $103.79 and a one year high of $129.89. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.74 and a quick ratio of 0.57.
Hedge Funds Weigh In On Canadian National Railway
Canadian National Railway Company Profile
Canadian National Railway Co engages in rail and related transportation business. Its services include rail, intermodal, trucking, supply chain services, business development and maps and network. Its offers their services in automotive, coal, fertilizer, food and beverages, forest products, dimensional loads, grain, metals and minerals and petroleum and chemicals industries.
- Get a free copy of the StockNews.com research report on Canadian National Railway (CNI)
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