Canadian National Railway (TSE:CNR) PT Set at C$150.00 by National Bankshares

Canadian National Railway (TSE:CNR) (NYSE:CNI) has been given a C$150.00 price objective by analysts at National Bankshares in a report released on Thursday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ target price would indicate a potential upside of 8.94% from the stock’s current price.

Several other equities analysts have also recently commented on the stock. Scotiabank increased their price target on shares of Canadian National Railway from C$150.00 to C$160.00 and gave the stock an “outperform” rating in a research report on Monday, November 3rd. Citigroup upped their price objective on Canadian National Railway from C$119.00 to C$120.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Vertical Research raised Canadian National Railway from a “hold” rating to a “strong-buy” rating in a report on Monday, January 5th. JPMorgan Chase & Co. lowered their price target on Canadian National Railway from C$154.00 to C$153.00 and set a “neutral” rating for the company in a report on Wednesday, October 8th. Finally, Cibc Captl Mkts raised Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 28th. Three analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$153.40.

Canadian National Railway Stock Down 0.1%

CNR stock opened at C$137.69 on Thursday. The company has a current ratio of 0.64, a quick ratio of 0.58 and a debt-to-equity ratio of 107.59. The firm has a 50 day simple moving average of C$134.68 and a 200-day simple moving average of C$133.94. The company has a market capitalization of C$84.75 billion, a P/E ratio of 18.71, a PEG ratio of 3.38 and a beta of 0.80. Canadian National Railway has a twelve month low of C$126.11 and a twelve month high of C$154.56.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its quarterly earnings data on Friday, October 31st. The company reported C$1.83 EPS for the quarter. The firm had revenue of C$4.17 billion for the quarter. Canadian National Railway had a net margin of 31.20% and a return on equity of 27.10%. On average, equities research analysts predict that Canadian National Railway will post 8.2610275 earnings per share for the current fiscal year.

About Canadian National Railway

CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.