Canadian National Railway (TSE:CNR – Get Free Report) (NYSE:CNI) had its price objective hoisted by research analysts at ATB Cormack from C$185.00 to C$190.00 in a report released on Thursday, BayStreet reports. The brokerage presently has a “sector perform” rating on the stock. ATB Cormack’s target price points to a potential upside of 11.10% from the company’s previous close.
Several other research firms have also issued reports on CNR. Susquehanna lowered Canadian National Railway from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. National Bank Financial dropped their price objective on Canadian National Railway from C$192.00 to C$190.00 and set a “sector perform” rating for the company in a report on Wednesday, September 23rd. Desjardins upped their price objective on Canadian National Railway from C$185.00 to C$199.00 and gave the company a “buy” rating in a report on Monday, July 27th. ATB Cormark Capital Markets increased their target price on Canadian National Railway from C$166.00 to C$185.00 and gave the company a “sector perform” rating in a research note on Monday, July 27th. Finally, Scotia raised their target price on Canadian National Railway from C$194.00 to C$199.00 and gave the stock a “sector outperform” rating in a report on Monday, July 27th. Three analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$183.39.
Get Our Latest Stock Report on Canadian National Railway
Canadian National Railway Trading Up 0.1%
Shares of TSE:CNR traded up C$0.23 during trading on Thursday, hitting C$171.01. 317,095 shares of the company’s stock were exchanged, compared to its average volume of 1,598,521. The company has a current ratio of 0.87, a quick ratio of 0.57 and a debt-to-equity ratio of 103.26. The firm has a market cap of C$103.31 billion, a P/E ratio of 21.95, a PEG ratio of 3.38 and a beta of 1.16. The firm has a 50-day moving average price of C$171.40 and a two-hundred day moving average price of C$165.85. Canadian National Railway has a 1-year low of C$128.05 and a 1-year high of C$185.25.
Canadian National Railway (TSE:CNR – Get Free Report) (NYSE:CNI) last announced its quarterly earnings data on Friday, July 24th. The company reported C$2.08 earnings per share for the quarter. Canadian National Railway had a net margin of 26.92% and a return on equity of 22.19%. The business had revenue of C$4.75 billion for the quarter. Equities analysts predict that Canadian National Railway will post 8.26 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.
Featured Articles
- Five stocks we like better than Canadian National Railway
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Receive News & Ratings for Canadian National Railway Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian National Railway and related companies with MarketBeat.com's FREE daily email newsletter.
