National Bankshares Reiterates “C$150.00” Price Target for Canadian National Railway (TSE:CNR)

National Bankshares set a C$150.00 price objective on Canadian National Railway (TSE:CNR) (NYSE:CNI) in a report published on Thursday morning,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

A number of other brokerages have also recently weighed in on CNR. Sanford C. Bernstein decreased their price objective on Canadian National Railway from C$149.00 to C$148.00 in a research note on Tuesday, September 30th. Royal Bank Of Canada decreased their price target on shares of Canadian National Railway from C$158.00 to C$153.00 and set an “outperform” rating for the company in a research report on Thursday, December 18th. ATB Capital lifted their price objective on shares of Canadian National Railway from C$150.00 to C$151.00 and gave the stock a “sector perform” rating in a research report on Monday, November 3rd. Cibc Captl Mkts upgraded shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 28th. Finally, Berenberg Bank increased their target price on shares of Canadian National Railway from C$148.00 to C$152.00 in a research report on Tuesday, November 11th. Three analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$153.40.

Canadian National Railway Price Performance

TSE CNR opened at C$137.69 on Thursday. The company has a market cap of C$84.75 billion, a PE ratio of 18.71, a P/E/G ratio of 3.38 and a beta of 0.80. The firm’s 50 day moving average price is C$134.68 and its 200-day moving average price is C$133.89. The company has a debt-to-equity ratio of 107.59, a quick ratio of 0.58 and a current ratio of 0.64. Canadian National Railway has a 52-week low of C$126.11 and a 52-week high of C$154.56.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its earnings results on Friday, October 31st. The company reported C$1.83 earnings per share for the quarter. Canadian National Railway had a return on equity of 27.10% and a net margin of 31.20%.The company had revenue of C$4.17 billion during the quarter. Sell-side analysts forecast that Canadian National Railway will post 8.2610275 EPS 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.