Canadian National Railway (TSE:CNR) Director Albert Monaco Purchases 7,400 Shares

Canadian National Railway (TSE:CNR) (NYSE:CNI) Director Albert Monaco acquired 7,400 shares of Canadian National Railway stock in a transaction dated Friday, March 20th. The shares were bought at an average cost of C$135.68 per share, with a total value of C$1,004,032.00. Following the completion of the purchase, the director owned 7,400 shares in the company, valued at approximately C$1,004,032. This represents a ∞ increase in their ownership of the stock.

Canadian National Railway Price Performance

Shares of Canadian National Railway stock opened at C$144.93 on Friday. The stock’s fifty day moving average is C$143.06 and its 200-day moving average is C$137.18. The firm has a market capitalization of C$88.61 billion, a PE ratio of 19.15, a price-to-earnings-growth ratio of 3.38 and a beta of 1.13. The company has a quick ratio of 0.58, a current ratio of 0.67 and a debt-to-equity ratio of 101.25. Canadian National Railway has a 12-month low of C$126.11 and a 12-month high of C$154.63.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last released its quarterly earnings results on Friday, January 30th. The company reported C$2.08 earnings per share for the quarter. The business 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%. Equities analysts anticipate that Canadian National Railway will post 8.2610275 earnings per share for the current year.

Analysts Set New Price Targets

CNR has been the subject of several recent analyst reports. Royal Bank Of Canada raised their target price on shares of Canadian National Railway from C$151.00 to C$160.00 in a report on Thursday, March 26th. Vertical Research upgraded shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a report on Monday, January 5th. BMO Capital Markets upped their price target on shares of Canadian National Railway from C$158.00 to C$169.00 in a research report on Thursday, February 19th. Canadian Imperial Bank of Commerce raised their price objective on shares of Canadian National Railway from C$151.00 to C$154.00 in a research note on Thursday, January 8th. Finally, UBS Group cut shares of Canadian National Railway from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, Canadian National Railway has an average rating of “Moderate Buy” and a consensus target price of C$153.60.

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.