Canadian National Railway (TSE:CNR) Price Target Raised to C$192.00

Canadian National Railway (TSE:CNRFree Report) (NYSE:CNI) had its target price raised by National Bank Financial from C$173.00 to C$192.00 in a report released on Monday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Several other analysts have also recently issued reports on CNR. Canadian Imperial Bank of Commerce increased their price objective on Canadian National Railway from C$185.00 to C$198.00 in a research note on Monday. TD boosted their target price on Canadian National Railway from C$191.00 to C$205.00 and gave the stock a “buy” rating in a research note on Monday. Scotiabank increased their price target on Canadian National Railway from C$162.00 to C$194.00 in a research report on Thursday, July 16th. Barclays boosted their price objective on Canadian National Railway from C$155.00 to C$185.00 and gave the stock an “equal weight” rating in a research report on Monday. Finally, Stephens upgraded shares of Canadian National Railway to a “hold” rating in a research note on Wednesday, July 8th. Three research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$183.29.

Read Our Latest Research Report on Canadian National Railway

Canadian National Railway Price Performance

Shares of CNR opened at C$182.57 on Monday. The company has a market cap of C$110.44 billion, a P/E ratio of 24.05, a PEG ratio of 3.38 and a beta of 1.18. Canadian National Railway has a fifty-two week low of C$126.11 and a fifty-two week high of C$185.25. The company has a quick ratio of 0.57, a current ratio of 0.87 and a debt-to-equity ratio of 103.26. The firm’s 50 day moving average price is C$170.08 and its 200 day moving average price is C$154.16.

Canadian National Railway (TSE:CNRGet Free Report) (NYSE:CNI) last issued its quarterly earnings results on Friday, July 24th. The company reported C$2.08 EPS for the quarter. The company had revenue of C$4.75 billion during the quarter. Canadian National Railway had a net margin of 26.92% and a return on equity of 22.19%. On average, research analysts forecast that Canadian National Railway will post 8.2610275 earnings per share for the current fiscal year.

Insider Activity

In other Canadian National Railway news, Director Justin M. Howell acquired 350 shares of the stock in a transaction dated Friday, May 15th. The stock was acquired at an average cost of C$152.74 per share, with a total value of C$53,459.00. Following the transaction, the director owned 350 shares in the company, valued at C$53,459. The trade was a ∞ increase in their position. Corporate insiders own 2.64% of the company’s stock.

Canadian National Railway News Summary

Here are the key news stories impacting Canadian National Railway this week:

About Canadian National Railway

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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.

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