Canadian National Railway (TSE:CNR) Given New C$200.00 Price Target at Raymond James Financial

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price target lifted by Raymond James Financial from C$198.00 to C$200.00 in a report published on Monday,BayStreet.CA reports. Raymond James Financial currently has an outperform rating on the stock.

CNR has been the subject of several other reports. Barclays boosted their target price on shares of Canadian National Railway from C$155.00 to C$185.00 and gave the company an “equal weight” rating in a research report on Monday. Citizens Jmp raised shares of Canadian National Railway to a “hold” rating in a research note on Wednesday, July 15th. Evercore raised shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Sanford C. Bernstein boosted their price objective on shares of Canadian National Railway from C$163.00 to C$196.00 in a research report on Thursday, July 16th. Finally, National Bank Financial upped their target price on Canadian National Railway from C$173.00 to C$192.00 and gave the stock a “sector perform” rating in a research note on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Canadian National Railway has an average rating of “Moderate Buy” and an average target price of C$183.29.

Canadian National Railway Stock Down 0.4%

CNR stock opened at C$182.24 on Monday. Canadian National Railway has a 52 week low of C$126.11 and a 52 week high of C$185.25. The business has a 50-day simple moving average of C$169.04 and a 200 day simple moving average of C$153.50. The company has a quick ratio of 0.57, a current ratio of 0.87 and a debt-to-equity ratio of 103.26. The company has a market cap of C$110.24 billion, a PE ratio of 24.01, a price-to-earnings-growth ratio of 3.38 and a beta of 1.18.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last announced its quarterly earnings data on Friday, July 24th. The company reported C$2.08 earnings per share (EPS) for the quarter. Canadian National Railway had a net margin of 26.92% and a return on equity of 22.19%. The firm had revenue of C$4.75 billion for the quarter. Sell-side analysts anticipate that Canadian National Railway will post 8.2610275 EPS for the current fiscal year.

Insider Transactions at Canadian National Railway

In other Canadian National Railway news, Director Justin M. Howell bought 350 shares of the stock in a transaction on Friday, May 15th. The stock was purchased at an average price of C$152.74 per share, with a total value of C$53,459.00. Following the completion of the purchase, the director owned 350 shares in the company, valued at C$53,459. The trade was a ∞ increase in their ownership of the stock. 2.64% of the stock is currently owned by corporate insiders.

More Canadian National Railway News

Here are the key news stories impacting Canadian National Railway this week:

• Positive Sentiment: RBC and TD raised their targets to C$205 from C$195 and C$191, respectively, with both maintaining positive ratings. The new targets imply approximately 12.5% upside. BayStreet.CA analyst ratings
• Positive Sentiment: Raymond James increased its target to C$200 and upgraded its view to “outperform,” while Desjardins raised its target to C$199 and maintained a “buy” rating. Both imply roughly 9% upside. Ticker Report Raymond James rating BayStreet.CA analyst ratings
• Positive Sentiment: Scotia, CIBC, BMO and National Bank also lifted their targets, with new estimates ranging from C$192 to C$199. These revisions indicate improved analyst valuation expectations for CNR. BayStreet.CA analyst ratings
• Neutral Sentiment: Barclays and ATB Cormark raised their targets to C$185 but retained “equal weight” and “sector perform” ratings, respectively. Their targets offer only about 1.5% upside, suggesting limited near-term appreciation. BayStreet.CA analyst ratings
• Negative Sentiment: Wells Fargo increased its target to C$145 and JPMorgan raised its target to C$182, but both targets remain at or below the current trading level. Wells Fargo’s target implies substantial downside, while JPMorgan’s suggests essentially no upside. BayStreet.CA analyst ratings

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.