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

Shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) have been assigned an average rating of “Moderate Buy” from the sixteen research firms that are covering the stock, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and three have issued a strong buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$151.60.

Several analysts recently issued reports on CNR shares. Scotiabank cut their price target on Canadian National Railway from C$163.00 to C$155.00 and set an “outperform” rating on the stock in a report on Monday, February 2nd. Vertical Research raised Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 5th. National Bank Financial reduced their price target on shares of Canadian National Railway from C$150.00 to C$147.00 and set a “sector perform” rating for the company in a report on Monday, February 2nd. Berenberg Bank upped their price target on shares of Canadian National Railway from C$148.00 to C$152.00 in a research report on Tuesday, November 11th. Finally, Citigroup increased their price objective 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.

Canadian National Railway Stock Up 0.3%

CNR stock opened at C$146.42 on Tuesday. The firm has a market cap of C$89.52 billion, a price-to-earnings ratio of 19.34, a PEG ratio of 3.38 and a beta of 0.85. Canadian National Railway has a 1-year low of C$126.11 and a 1-year high of C$152.12. The firm has a fifty day moving average price of C$136.89 and a two-hundred day moving average price of C$133.72. The company has a debt-to-equity ratio of 107.59, a current ratio of 0.64 and a quick ratio of 0.58.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last released its quarterly earnings data on Friday, January 30th. The company reported C$2.08 earnings per share for the quarter. Canadian National Railway had a net margin of 31.20% and a return on equity of 27.10%. The firm had revenue of C$4.46 billion for the quarter. Research analysts predict that Canadian National Railway will post 8.2610275 EPS for the current year.

About Canadian National Railway

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.