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

Shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) have earned an average rating of “Moderate Buy” from the sixteen brokerages that are presently covering the company, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and three have given a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$154.00.

A number of research analysts have commented on the company. Royal Bank Of Canada upped their price target on Canadian National Railway from C$151.00 to C$160.00 in a research report on Thursday, March 26th. TD Securities lowered their price target on Canadian National Railway from C$166.00 to C$164.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. UBS Group lowered Canadian National Railway from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. ATB Cormark Capital Markets lowered their price target on Canadian National Railway from C$153.00 to C$146.00 and set a “sector perform” rating for the company in a research report on Monday, February 2nd. Finally, Scotiabank lowered their price target on Canadian National Railway from C$163.00 to C$155.00 and set an “outperform” rating for the company in a research report on Monday, February 2nd.

Insider Activity at Canadian National Railway

In other news, Director Albert Monaco bought 7,400 shares of the firm’s stock in a transaction dated Friday, March 20th. The stock was purchased at an average price of C$135.68 per share, with a total value of C$1,004,032.00. Following the transaction, the director owned 7,400 shares of the company’s stock, valued at approximately C$1,004,032. The trade was a ∞ increase in their ownership of the stock. Also, Director Shauneen Elizabeth Bruder bought 620 shares of the firm’s stock in a transaction dated Thursday, March 26th. The stock was purchased at an average cost of C$141.07 per share, with a total value of C$87,463.40. Following the transaction, the director directly owned 19,071 shares in the company, valued at approximately C$2,690,345.97. This represents a 3.36% increase in their position. 2.64% of the stock is currently owned by corporate insiders.

Canadian National Railway Trading Up 0.7%

CNR opened at C$147.24 on Wednesday. The business has a 50 day simple moving average of C$143.45 and a two-hundred day simple moving average of C$137.48. The firm has a market capitalization of C$90.02 billion, a price-to-earnings ratio of 19.45, a PEG ratio of 3.38 and a beta of 1.08. The company has a debt-to-equity ratio of 101.25, a current ratio of 0.67 and a quick ratio of 0.58. Canadian National Railway has a one year low of C$126.11 and a one year high of C$154.63.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last released its quarterly earnings results on Friday, January 30th. The company reported C$2.08 EPS 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%. 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.