Canadian National Railway (TSE:CNR) Receives Average Rating of “Moderate Buy” from Brokerages

Canadian National Railway (TSE:CNR) (NYSE:CNI) has received an average rating of “Moderate Buy” from the sixteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating, six have given a buy rating and three have given a strong buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is C$151.60.

A number of equities research analysts have weighed in on CNR shares. Scotiabank cut their target price on Canadian National Railway from C$163.00 to C$155.00 and set an “outperform” rating for the company in a research report on Monday, February 2nd. 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 report on Monday, November 3rd. Royal Bank Of Canada lowered their target price on Canadian National Railway from C$153.00 to C$151.00 and set an “outperform” rating on the stock in a report on Monday, February 2nd. Canadian Imperial Bank of Commerce upped their price target on shares of Canadian National Railway from C$151.00 to C$154.00 in a report on Thursday, January 8th. Finally, UBS Group lowered shares of Canadian National Railway from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd.

Canadian National Railway Stock Performance

CNR stock opened at C$146.42 on Tuesday. The company has a 50-day simple moving average of C$136.89 and a 200 day simple moving average of C$133.72. The company has a market capitalization of C$89.52 billion, a P/E ratio of 19.34, a PEG ratio of 3.38 and a beta of 0.85. The company has a quick ratio of 0.58, a current ratio of 0.64 and a debt-to-equity ratio of 107.59. Canadian National Railway has a fifty-two week low of C$126.11 and a fifty-two week high of C$152.12.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last released its quarterly earnings results on Friday, January 30th. The company reported C$2.08 EPS for the quarter. The company had revenue of C$4.46 billion for the quarter. Canadian National Railway had a net margin of 31.20% and a return on equity of 27.10%. Sell-side analysts predict that Canadian National Railway will post 8.2610275 earnings per share for the current fiscal year.

Canadian National Railway Company Profile

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.