Recent Research Analysts’ Ratings Changes for Canadian National Railway (CNR)

Canadian National Railway (TSE: CNR) has recently received a number of price target changes and ratings updates:

  • 1/24/2018 – Canadian National Railway had its price target lowered by analysts at CIBC from C$116.00 to C$111.00. They now have an “outperform” rating on the stock.
  • 1/24/2018 – Canadian National Railway had its price target lowered by analysts at Desjardins from C$116.00 to C$115.00. They now have a “buy” rating on the stock.
  • 1/24/2018 – Canadian National Railway had its price target lowered by analysts at Royal Bank of Canada from C$115.00 to C$112.00. They now have an “outperform” rating on the stock.
  • 1/24/2018 – Canadian National Railway had its price target lowered by analysts at Raymond James Financial, Inc. from C$115.00 to C$110.00. They now have a “market perform” rating on the stock.
  • 1/11/2018 – Canadian National Railway had its price target raised by analysts at JPMorgan Chase & Co. from C$103.00 to C$109.00.
  • 1/4/2018 – Canadian National Railway had its price target raised by analysts at CIBC from C$110.00 to C$116.00.

Canadian National Railway (CNR) traded up C$1.63 during trading on Monday, reaching C$96.20. 904,235 shares of the company’s stock traded hands, compared to its average volume of 1,505,985. Canadian National Railway has a 52-week low of C$91.55 and a 52-week high of C$108.64. The company has a market cap of $70,420.00, a price-to-earnings ratio of 13.23 and a beta of 0.61.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last released its quarterly earnings results on Tuesday, January 23rd. The company reported C$1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.23 by C($0.03). Canadian National Railway had a return on equity of 25.50% and a net margin of 29.74%. The firm had revenue of C$3.29 billion for the quarter, compared to the consensus estimate of C$3.29 billion.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, March 8th will be issued a dividend of $0.455 per share. This is a positive change from Canadian National Railway’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend is Wednesday, March 7th. This represents a $1.82 annualized dividend and a yield of 1.89%. Canadian National Railway’s dividend payout ratio (DPR) is presently 22.70%.

In other Canadian National Railway news, insider Jean-Jacques Ruest sold 14,736 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of C$103.87, for a total transaction of C$1,530,628.32. Also, insider Scott Daniels purchased 1,000 shares of the stock in a transaction on Friday, February 9th. The shares were purchased at an average price of C$94.35 per share, with a total value of C$94,350.00.

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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