Canadian National Railway (TSE:CNR) Price Target Cut to C$202.00

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price objective trimmed by UBS Group from C$205.00 to C$202.00 in a research note published on Wednesday morning, BayStreet.CA reports.

Other research analysts have also recently issued research reports about the company. Royal Bank of Canada upped their target price on Canadian National Railway from C$164.00 to C$171.00 in a research note on Monday, April 1st. BMO Capital Markets upped their target price on Canadian National Railway from C$185.00 to C$195.00 in a research note on Monday, April 1st. Raymond James increased their price objective on Canadian National Railway from C$185.00 to C$190.00 and gave the stock an outperform rating in a research note on Monday. Sanford C. Bernstein increased their price objective on Canadian National Railway from C$191.00 to C$195.00 and gave the stock an outperform rating in a research note on Monday, April 15th. Finally, JPMorgan Chase & Co. increased their price objective on Canadian National Railway from C$158.00 to C$164.00 and gave the stock a neutral rating in a research note on Wednesday, January 24th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of Hold and a consensus target price of C$184.50.

Canadian National Railway Trading Down 4.8 %

CNR opened at C$168.35 on Wednesday. The stock has a market cap of C$107.78 billion, a price-to-earnings ratio of 19.74, a P/E/G ratio of 2.06 and a beta of 0.65. The stock’s 50 day moving average price is C$176.07 and its 200-day moving average price is C$165.60. Canadian National Railway has a one year low of C$143.13 and a one year high of C$181.34. The company has a debt-to-equity ratio of 93.89, a quick ratio of 0.58 and a current ratio of 0.61.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last released its earnings results on Tuesday, January 23rd. The company reported C$2.02 EPS for the quarter, beating analysts’ consensus estimates of C$1.96 by C$0.06. The firm had revenue of C$4.47 billion for the quarter, compared to analysts’ expectations of C$4.38 billion. Canadian National Railway had a return on equity of 27.11% and a net margin of 33.43%. On average, equities analysts forecast that Canadian National Railway will post 8.0140399 EPS for the current year.

Insiders Place Their Bets

In related news, Director Shauneen Elizabeth Bruder bought 488 shares of the stock in a transaction on Tuesday, March 26th. The stock was bought at an average price of C$177.40 per share, for a total transaction of C$86,571.20. In other news, Senior Officer Derek Michael Taylor sold 2,610 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of C$131.26, for a total transaction of C$342,577.38. Also, Director Shauneen Elizabeth Bruder acquired 488 shares of the firm’s stock in a transaction dated Tuesday, March 26th. The shares were acquired at an average price of C$177.40 per share, with a total value of C$86,571.20. 1.67% of the stock is owned by company insiders.

Canadian National Railway Company Profile

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.