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

Shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) have earned an average recommendation of “Moderate Buy” from the sixteen research firms that are currently covering the stock, MarketBeat reports. Seven analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and three have given a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is C$152.00.

Several research analysts have issued reports on CNR shares. TD Securities dropped their target price on Canadian National Railway from C$166.00 to C$164.00 and set a “buy” rating on the stock in a research report on Monday, February 2nd. National Bank Financial lowered their price objective on shares of Canadian National Railway from C$150.00 to C$147.00 and set a “sector perform” rating on the stock in a research note on Monday, February 2nd. ATB Cormark Capital Markets dropped their price objective on shares of Canadian National Railway from C$153.00 to C$146.00 and set a “sector perform” rating on the stock in a report on Monday, February 2nd. 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. Finally, BMO Capital Markets upped their target price on shares of Canadian National Railway from C$158.00 to C$169.00 in a report on Thursday, February 19th.

Canadian National Railway Price Performance

TSE CNR opened at C$137.75 on Friday. The stock has a market capitalization of C$84.22 billion, a price-to-earnings ratio of 18.20, a PEG ratio of 3.38 and a beta of 1.13. Canadian National Railway has a 1-year low of C$126.11 and a 1-year high of C$154.63. The company has a debt-to-equity ratio of 101.25, a current ratio of 0.67 and a quick ratio of 0.58. The business’s fifty day moving average price is C$142.22 and its 200-day moving average price is C$136.41.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last issued its quarterly earnings data on Friday, January 30th. The company reported C$2.08 EPS for the quarter. The company had revenue of C$4.46 billion during the quarter. Canadian National Railway had a return on equity of 21.95% and a net margin of 27.28%. On average, equities analysts predict that Canadian National Railway will post 8.2610275 earnings per share for the current 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.