Canadian National Railway (TSE:CNR) PT Raised to C$190.00

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price target boosted by Raymond James from C$185.00 to C$190.00 in a research note released on Monday, BayStreet.CA reports. Raymond James currently has an outperform rating on the stock.

Other equities analysts also recently issued research reports about the stock. TD Securities boosted their target price on shares of Canadian National Railway from C$180.00 to C$185.00 and gave the stock a hold rating in a research note on Wednesday, January 24th. BMO Capital Markets upped their price objective on Canadian National Railway from C$185.00 to C$195.00 in a research report on Monday, April 1st. Desjardins raised their target price on Canadian National Railway from C$189.00 to C$195.00 and gave the stock a buy rating in a research report on Friday, April 12th. Royal Bank of Canada boosted their target price on Canadian National Railway from C$164.00 to C$171.00 in a research note on Monday, April 1st. Finally, CIBC increased their price target on shares of Canadian National Railway from C$177.00 to C$183.00 and gave the company a neutral rating in a research note on Wednesday, March 27th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Canadian National Railway presently has a consensus rating of Hold and an average price target of C$183.36.

Canadian National Railway Stock Performance

Shares of Canadian National Railway stock opened at C$177.19 on Monday. The business has a 50-day simple moving average of C$176.07 and a 200-day simple moving average of C$165.37. The company has a market cap of C$113.44 billion, a PE ratio of 20.77, a P/E/G ratio of 2.06 and a beta of 0.65. Canadian National Railway has a one year low of C$143.13 and a one year high of C$181.34. The company has a debt-to-equity ratio of 93.89, a quick ratio of 0.58 and a current ratio of 0.61.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its quarterly earnings results on Tuesday, January 23rd. The company reported C$2.02 EPS for the quarter, topping the consensus estimate of C$1.96 by C$0.06. Canadian National Railway had a net margin of 33.43% and a return on equity of 27.11%. The company had revenue of C$4.47 billion during the quarter, compared to analysts’ expectations of C$4.38 billion. On average, equities research analysts forecast that Canadian National Railway will post 8.0140399 EPS for the current fiscal year.

Insider Transactions at Canadian National Railway

In other Canadian National Railway news, Senior Officer Derek Michael Taylor sold 2,610 shares of the firm’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of C$131.26, for a total transaction of C$342,577.38. In other Canadian National Railway news, Senior Officer Derek Michael Taylor sold 2,610 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of C$131.26, for a total transaction of C$342,577.38. Also, Director Shauneen Elizabeth Bruder acquired 488 shares of the firm’s stock in a transaction on Tuesday, March 26th. The shares were bought at an average cost of C$177.40 per share, with a total value of C$86,571.20. Insiders own 1.67% of the company’s stock.

About Canadian National Railway

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.