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Canadian National Railway (NYSE:CNI) shares hit a new 52-week high during trading on Thursday , AnalystRatings.Net reports. The company traded as high as $64.36 and last traded at $64.34, with a volume of 873,351 shares trading hands. The stock had previously closed at $63.47.

CNI has been the subject of a number of recent research reports. Analysts at RBC Capital raised their price target on shares of Canadian National Railway from $76.00 to $78.00 in a research note on Monday, June 16th. They now have an “outperform” rating on the stock. Separately, analysts at Zacks upgraded shares of Canadian National Railway from an “underperform” rating to a “neutral” rating in a research note on Wednesday, May 14th. They now have a $62.00 price target on the stock. Finally, analysts at Scotiabank reiterated a “sector outperform” rating on shares of Canadian National Railway in a research note on Thursday, April 24th. Seven equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $59.34.

The stock has a 50-day moving average of $60.92 and a 200-day moving average of $57.01. The company has a market cap of $52.999 billion and a price-to-earnings ratio of 21.51.

Canadian National Railway (NYSE:CNI) last released its earnings data on Tuesday, April 22nd. The company reported $0.66 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.62 by $0.04. The company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter last year, the company posted $1.22 earnings per share. Canadian National Railway’s revenue was up 9.2% compared to the same quarter last year. On average, analysts predict that Canadian National Railway will post $3.50 earnings per share for the current fiscal year.

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

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