Canadian National Railway (TSE:CNR) PT Raised to C$172.00

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price objective boosted by Royal Bank of Canada from C$171.00 to C$172.00 in a report issued on Wednesday, BayStreet.CA reports. Royal Bank of Canada currently has a sector perform rating on the stock.

Several other analysts also recently issued reports on CNR. Barclays lifted their price target on shares of Canadian National Railway from C$170.00 to C$175.00 in a research report on Thursday, April 4th. Desjardins lifted their price objective on shares of Canadian National Railway from C$189.00 to C$195.00 and gave the stock a buy rating in a report on Friday, April 12th. Sanford C. Bernstein lifted their price objective on shares of Canadian National Railway from C$191.00 to C$195.00 and gave the stock an outperform rating in a report on Monday, April 15th. National Bankshares lifted their price objective on shares of Canadian National Railway from C$172.00 to C$190.00 in a report on Thursday, April 4th. Finally, Scotiabank lifted their price objective on shares of Canadian National Railway from C$173.00 to C$184.00 and gave the stock a sector perform rating in a report on Monday, March 25th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of Hold and a consensus target price of C$184.50.

Canadian National Railway Stock Performance

TSE CNR opened at C$168.35 on Wednesday. The company has a fifty day simple moving average of C$176.07 and a 200 day simple moving average of C$165.60. Canadian National Railway has a 12-month low of C$143.13 and a 12-month high of C$181.34. The company has a current ratio of 0.61, a quick ratio of 0.58 and a debt-to-equity ratio of 93.89. The company has a market cap of C$107.78 billion, a P/E ratio of 19.74, a PEG ratio of 2.06 and a beta of 0.65.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its quarterly earnings results on Tuesday, January 23rd. The company reported C$2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.96 by C$0.06. Canadian National Railway had a net margin of 33.43% and a return on equity of 27.11%. The business had revenue of C$4.47 billion during the quarter, compared to the consensus estimate of C$4.38 billion. Sell-side analysts predict that Canadian National Railway will post 8.0140399 earnings per share for the current fiscal year.

Insider Transactions at Canadian National Railway

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

About Canadian National Railway

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.