Canadian National Railway (TSE:CNR) Price Target Raised to C$160.00 at Royal Bank Of Canada

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price target raised by Royal Bank Of Canada from C$151.00 to C$160.00 in a research note published on Thursday,BayStreet.CA reports.

CNR has been the topic of a number of other research reports. Scotiabank decreased their target price on shares of 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. UBS Group lowered Canadian National Railway from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. National Bank Financial decreased their target price on Canadian National Railway from C$150.00 to C$147.00 and set a “sector perform” rating on the stock in a research note on Monday, February 2nd. Desjardins lowered their price target on Canadian National Railway from C$160.00 to C$156.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. Finally, BMO Capital Markets boosted their price target on shares of Canadian National Railway from C$158.00 to C$169.00 in a research note on Thursday, February 19th. Three investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Canadian National Railway currently has a consensus rating of “Moderate Buy” and an average price target of C$152.60.

Canadian National Railway Stock Performance

TSE CNR opened at C$140.64 on Thursday. The company’s 50 day moving average is C$142.39 and its 200-day moving average is C$136.59. 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 has a 12-month low of C$126.11 and a 12-month high of C$154.63. The firm has a market cap of C$85.99 billion, a P/E ratio of 18.58, a price-to-earnings-growth ratio of 3.38 and a beta of 1.13.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its earnings results on Friday, January 30th. The company reported C$2.08 earnings per share (EPS) for the quarter. Canadian National Railway had a return on equity of 21.95% and a net margin of 27.28%.The firm had revenue of C$4.46 billion for the quarter. Sell-side analysts predict that Canadian National Railway will post 8.2610275 earnings per share 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.