Canadian National Railway Company (NYSE:CNI) (TSE:CNR)‘s stock had its “hold” rating restated by analysts at Stifel Nicolaus in a note issued to investors on Friday. They currently have a $89.00 target price on the transportation company’s stock. Stifel Nicolaus’ target price would suggest a potential upside of 10.63% from the company’s current price.

CNI has been the subject of several other research reports. Zacks Investment Research cut shares of Canadian National Railway from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Credit Suisse Group AG restated a “neutral” rating and issued a $84.00 target price (up previously from $78.00) on shares of Canadian National Railway in a research note on Thursday, July 13th. They noted that the move was a valuation call. BidaskClub cut shares of Canadian National Railway from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 22nd. Finally, Cowen and Company restated a “buy” rating and issued a $83.00 target price on shares of Canadian National Railway in a research note on Sunday, September 24th. Fifteen equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Canadian National Railway currently has a consensus rating of “Hold” and a consensus target price of $82.47.

Shares of Canadian National Railway (CNI) traded down 0.21% on Friday, hitting $80.45. 1,345,170 shares of the company’s stock were exchanged. The stock has a market cap of $60.42 billion, a price-to-earnings ratio of 19.23 and a beta of 1.13. Canadian National Railway has a 12-month low of $61.72 and a 12-month high of $84.48. The company’s 50-day moving average price is $81.09 and its 200 day moving average price is $78.33.

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Institutional investors and hedge funds have recently made changes to their positions in the business. Hall Laurie J Trustee raised its position in Canadian National Railway by 4.1% during the second quarter. Hall Laurie J Trustee now owns 1,275 shares of the transportation company’s stock worth $103,000 after acquiring an additional 50 shares during the last quarter. City Holding Co. raised its position in Canadian National Railway by 15.4% during the second quarter. City Holding Co. now owns 1,313 shares of the transportation company’s stock worth $106,000 after acquiring an additional 175 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its position in Canadian National Railway by 0.9% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,416 shares of the transportation company’s stock worth $115,000 after acquiring an additional 12 shares during the last quarter. UBS Asset Management Americas Inc. acquired a new position in Canadian National Railway during the first quarter worth about $123,000. Finally, Proficio Capital Partners LLC raised its position in Canadian National Railway by 151.9% during the first quarter. Proficio Capital Partners LLC now owns 1,768 shares of the transportation company’s stock worth $135,000 after acquiring an additional 1,066 shares during the last quarter. Institutional investors own 54.45% of the company’s stock.

Canadian National Railway Company Profile

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.

Analyst Recommendations for Canadian National Railway (NYSE:CNI)

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