Brokerages Set Canadian National Railway (TSE:CNR) Price Target at C$152.00

Shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) have been assigned an average rating of “Moderate Buy” from the sixteen analysts that are covering the firm, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation, six have given a buy recommendation and three have issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$152.00.

CNR has been the subject of a number of research analyst reports. National Bank Financial lowered their target price on 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. UBS Group lowered shares of Canadian National Railway from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. Royal Bank Of Canada reduced their price target on shares of Canadian National Railway from C$153.00 to C$151.00 and set an “outperform” rating on the stock in a research report on Monday, February 2nd. TD Securities lowered their price objective on shares of Canadian National Railway from C$166.00 to C$164.00 and set a “buy” rating for the company in a research note on Monday, February 2nd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Canadian National Railway from C$149.00 to C$147.00 in a report on Monday, February 2nd.

Canadian National Railway Stock Up 0.9%

TSE:CNR opened at C$145.33 on Friday. Canadian National Railway has a 52 week low of C$126.11 and a 52 week high of C$154.63. The stock’s fifty day moving average is C$142.13 and its two-hundred day moving average is C$136.35. The stock has a market capitalization of C$88.85 billion, a price-to-earnings ratio of 19.20, a price-to-earnings-growth ratio of 3.38 and a beta of 1.13. The company has a quick ratio of 0.58, a current ratio of 0.67 and a debt-to-equity ratio of 101.25.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last issued its quarterly earnings data on Friday, January 30th. The company reported C$2.08 earnings per share for the quarter. The business had revenue of C$4.46 billion during the quarter. Canadian National Railway had a return on equity of 21.95% and a net margin of 27.28%. Research analysts anticipate that Canadian National Railway will post 8.2610275 EPS 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.