Royal Bank Of Canada Lowers Canadian National Railway (NYSE:CNI) Price Target to $151.00

Canadian National Railway (NYSE:CNI) (TSE:CNR) had its target price reduced by equities researchers at Royal Bank Of Canada from $153.00 to $151.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has an “outperform” rating on the transportation company’s stock. Royal Bank Of Canada’s price target points to a potential upside of 56.51% from the company’s current price.

A number of other equities analysts have also weighed in on CNI. Weiss Ratings restated a “hold (c-)” rating on shares of Canadian National Railway in a research report on Wednesday, October 8th. Citigroup lowered their target price on Canadian National Railway from $120.00 to $119.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Stephens cut their price target on Canadian National Railway from $105.00 to $100.00 and set an “equal weight” rating for the company in a report on Monday. Wells Fargo & Company reduced their price objective on Canadian National Railway from $117.00 to $110.00 and set an “overweight” rating on the stock in a research report on Monday, October 6th. Finally, Wall Street Zen raised Canadian National Railway from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $118.91.

Canadian National Railway Stock Performance

Shares of NYSE:CNI opened at $96.48 on Monday. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.67 and a quick ratio of 0.42. Canadian National Railway has a 1 year low of $90.74 and a 1 year high of $108.75. The firm has a market capitalization of $59.28 billion, a PE ratio of 17.77, a P/E/G ratio of 2.00 and a beta of 0.94. The business’s 50 day moving average price is $98.28 and its 200-day moving average price is $96.04.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last announced its quarterly earnings data on Friday, January 30th. The transportation company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.06. Canadian National Railway had a return on equity of 22.14% and a net margin of 27.28%.The company had revenue of $3.24 billion for the quarter, compared to analyst estimates of $4.43 billion. During the same quarter last year, the firm posted $1.82 EPS. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. As a group, equities research analysts expect that Canadian National Railway will post 5.52 earnings per share for the current fiscal year.

Institutional Trading of Canadian National Railway

Hedge funds and other institutional investors have recently modified their holdings of the business. Ethic Inc. lifted its position in Canadian National Railway by 26.6% in the fourth quarter. Ethic Inc. now owns 8,076 shares of the transportation company’s stock valued at $798,000 after buying an additional 1,699 shares during the last quarter. Virtus Family Office LLC purchased a new stake in shares of Canadian National Railway in the 4th quarter valued at approximately $916,000. Crestwood Advisors Group LLC lifted its holdings in shares of Canadian National Railway by 8.6% in the 4th quarter. Crestwood Advisors Group LLC now owns 4,680 shares of the transportation company’s stock worth $463,000 after acquiring an additional 372 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Canadian National Railway by 8.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 5,463 shares of the transportation company’s stock worth $540,000 after purchasing an additional 436 shares during the period. Finally, Retirement Planning Group LLC increased its holdings in Canadian National Railway by 16.1% in the 4th quarter. Retirement Planning Group LLC now owns 2,877 shares of the transportation company’s stock valued at $284,000 after purchasing an additional 399 shares during the last quarter. 80.74% of the stock is owned by institutional investors and hedge funds.

More Canadian National Railway News

Here are the key news stories impacting Canadian National Railway this week:

• Positive Sentiment: Company raised its quarterly dividend (to $0.915/share, ~3.1% increase year-over-year), boosting yield and income appeal for investors. (No link provided)
• Positive Sentiment: Senior management will speak at two upcoming conferences (CEO Tracy Robinson at Barclays; CFO Ghislain Houle at Citi), giving investors fresh access to guidance and operational commentary. Tracy Robinson to Address Barclays Conference CFO to Address Citi Conference
• Neutral Sentiment: Several brokers maintained constructive stances despite lowering targets — Citigroup kept a “buy” rating (PT cut to $115), implying mid-teens upside from current levels. Citigroup / BayStreet
• Neutral Sentiment: Barclays lowered its price target to $135 but set an “equal weight” rating (still signaling material upside vs today’s price). Barclays / BayStreet
• Neutral Sentiment: Other shops trimmed targets but kept neutral/in-line ratings (Evercore cut to $103; Stephens cut to $100), reflecting modestly reduced expectations rather than outright pessimism. Evercore/Stephens / Benzinga
• Negative Sentiment: UBS downgraded CNI from “strong-buy” to “hold,” which likely put downward pressure on momentum traders and income-oriented funds that follow UBS views. UBS downgrade / Zacks
• Negative Sentiment: Across the board there is a trend of lowered price targets; the cluster of cuts signals tempered 12–18 month expectations and is a headwind for near-term price appreciation. Analyst coverage roundup / Benzinga

About Canadian National Railway

Canadian National Railway Company (NYSE: CNI) is a Class I freight railway that operates an integrated rail network across Canada and the United States. Headquartered in Montreal, Quebec, CN provides long-haul freight transportation and related logistics services that connect major ports, industrial centers and inland markets throughout North America. Its transcontinental system enables cross-border movement of goods and supports supply chains that span coast-to-coast in Canada and into the central and eastern United States.

CN’s core business is the railborne transportation of a broad mix of commodities, including intermodal container traffic, forest and paper products, grain and other agricultural products, metallurgical and industrial products, petroleum and chemical products, coal and automotive shipments.