Canadian National Railway Company (TSE:CNR) (NYSE:CNI) Director Robert L. Phillips purchased 2,000 shares of the firm’s stock in a transaction dated Friday, June 23rd. The shares were purchased at an average cost of C$105.63 per share, for a total transaction of C$211,260.00.

Canadian National Railway Company (TSE:CNR) traded up 0.89% during mid-day trading on Friday, hitting $106.59. The stock had a trading volume of 1,076,806 shares. The stock has a market cap of $80.59 billion and a PE ratio of 22.05. Canadian National Railway Company has a one year low of $72.78 and a one year high of $108.64. The firm’s 50-day moving average is $103.74 and its 200 day moving average is $96.74.

Insider Buying and Selling by Quarter for Canadian National Railway Company (TSE:CNR)

The business also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Friday, June 9th will be given a $0.4125 dividend. The ex-dividend date is Wednesday, June 7th. This represents a $1.65 dividend on an annualized basis and a yield of 1.55%.

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Several equities research analysts have recently commented on the company. Raymond James Financial, Inc. boosted their price target on Canadian National Railway Company from C$112.00 to C$115.00 and gave the stock an “outperform” rating in a research note on Friday, June 16th. Scotiabank boosted their price target on Canadian National Railway Company from C$110.00 to C$115.00 and gave the stock an “outperform” rating in a research note on Thursday, June 15th. BMO Capital Markets reissued an “outperform” rating and set a C$111.00 price target on shares of Canadian National Railway Company in a research note on Thursday, June 15th. Royal Bank Of Canada reissued an “outperform” rating and set a C$110.00 price target on shares of Canadian National Railway Company in a research note on Thursday, June 8th. Finally, TD Securities reissued a “hold” rating and set a C$105.00 price target on shares of Canadian National Railway Company in a research note on Tuesday, May 2nd. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of C$102.42.

About Canadian National Railway Company

Canadian National Railway Company is engaged in the rail and related transportation business. The Company’s network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico and serving the cities and ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans, and Mobile (Alabama), and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth (Minnesota)/Superior (Wisconsin), and Jackson (Mississippi), with connections to all points in North America.

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