Canadian National Railway (TSE:CNR) Given a C$150.00 Price Target at National Bankshares

National Bankshares set a C$150.00 target price on Canadian National Railway (TSE:CNR) (NYSE:CNI) in a research note issued to investors on Thursday morning,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

CNR has been the topic of a number of other reports. CIBC boosted their price target on shares of Canadian National Railway from C$151.00 to C$154.00 in a report on Thursday. Vertical Research raised shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research report on Monday. Royal Bank Of Canada dropped their target price on shares of Canadian National Railway from C$158.00 to C$153.00 and set an “outperform” rating on the stock in a research note on Thursday, December 18th. Cibc Captl Mkts raised shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 28th. Finally, Citigroup lifted their price target on shares of Canadian National Railway from C$119.00 to C$120.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Three analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$153.40.

Canadian National Railway Stock Performance

Shares of CNR opened at C$137.89 on Thursday. The stock has a 50 day moving average of C$134.62 and a 200 day moving average of C$133.96. The company has a market capitalization of C$84.87 billion, a price-to-earnings ratio of 18.74, a PEG ratio of 3.38 and a beta of 0.80. Canadian National Railway has a 12 month low of C$126.11 and a 12 month high of C$154.56. The company has a current ratio of 0.64, a quick ratio of 0.58 and a debt-to-equity ratio of 107.59.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its quarterly earnings data on Friday, October 31st. The company reported C$1.83 earnings per share for the quarter. The business had revenue of C$4.17 billion for the quarter. Canadian National Railway had a return on equity of 27.10% and a net margin of 31.20%. As a group, sell-side analysts forecast that Canadian National Railway will post 8.2610275 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.