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Canadian National Railway Company (TSE:CNR) was downgraded by BMO Capital Markets from an “outperform” rating to a “market perform” rating in a research note issued on Thursday, AmericanBankingNews.com reports.

Other equities research analysts have also recently issued reports about the stock. Analysts at Scotiabank raised their price target on shares of Canadian National Railway Company from C$65.00 to C$69.00 in a research note on Wednesday. They now have an “outperform” rating on the stock. Separately, analysts at Desjardins raised their price target on shares of Canadian National Railway Company from C$66.00 to C$67.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Canadian National Railway Company from C$61.00 to C$65.00 in a research note on Wednesday. They now have a “hold” rating on the stock. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of C$78.55.

Canadian National Railway Company (TSE:CNR) traded up 0.68% during mid-day trading on Thursday, hitting $63.81. The stock had a trading volume of 1,972,751 shares. Canadian National Railway Company has a 1-year low of $48.485 and a 1-year high of $65.29. The stock’s 50-day moving average is $62.04 and its 200-day moving average is $59.74. The company has a market cap of $52.753 billion and a P/E ratio of 20.45.

Canadian National Railway Company (TSE:CNR) last announced its earnings results on Wednesday, April 23rd. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.03. On average, analysts predict that Canadian National Railway Company will post $3.47 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, June 30th. Shareholders of record on Monday, June 9th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.57%.

Canadian National Railway Company (TSE:CNR) is engaged in the rail and related transportation business.

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