Canadian National Railway (TSE:CNR) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Canadian National Railway (TSE:CNR) (NYSE:CNI) has been given an average rating of “Moderate Buy” by the nineteen research firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, eight have given a buy rating and three have issued a strong buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is C$153.53.

A number of equities research analysts have recently weighed in on the company. Citigroup lifted their price target on Canadian National Railway from C$119.00 to C$120.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Desjardins cut their target price on Canadian National Railway from C$161.00 to C$160.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. Scotiabank boosted their price target on Canadian National Railway from C$160.00 to C$163.00 and gave the stock an “outperform” rating in a research report on Wednesday. JPMorgan Chase & Co. lowered their price target on Canadian National Railway from C$154.00 to C$153.00 and set a “neutral” rating on the stock in a report on Wednesday, October 8th. Finally, Cibc Captl Mkts raised shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a report on Friday, November 28th.

Canadian National Railway Stock Performance

Shares of CNR opened at C$137.90 on Friday. The firm has a fifty day moving average of C$135.15 and a 200-day moving average of C$133.62. The company has a market cap of C$84.88 billion, a price-to-earnings ratio of 18.74, a price-to-earnings-growth ratio of 3.38 and a beta of 0.80. The company has a debt-to-equity ratio of 107.59, a quick ratio of 0.58 and a current ratio of 0.64. Canadian National Railway has a 1 year low of C$126.11 and a 1 year high of C$154.56.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last released 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 net margin of 31.20% and a return on equity of 27.10%. As a group, equities analysts anticipate 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.