Canadian National Railway (TSE:CNR – Free Report) (NYSE:CNI) had its price target lifted by Scotia from C$198.00 to C$200.00 in a research note published on Monday,BayStreet reports. The firm currently has a sector perform rating on the stock.
Other equities analysts have also issued research reports about the company. Scotiabank decreased their target price on Canadian National Railway from C$199.00 to C$198.00 and set a “sector outperform” rating on the stock in a research note on Thursday, October 15th. JPMorgan Chase & Co. boosted their price objective on Canadian National Railway from C$175.00 to C$182.00 in a research report on Monday, July 27th. Citizens Jmp raised Canadian National Railway to a “hold” rating in a report on Wednesday, July 15th. ATB Cormark Capital Markets increased their price target on shares of Canadian National Railway from C$185.00 to C$190.00 and gave the company a “sector perform” rating in a research note on Thursday, October 15th. Finally, BMO Capital Markets raised their price objective on shares of Canadian National Railway from C$180.00 to C$195.00 in a report on Monday, July 27th. Three equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$188.53.
Read Our Latest Research Report on CNR
Canadian National Railway Price Performance
Shares of CNR opened at C$180.44 on Monday. Canadian National Railway has a 1-year low of C$128.05 and a 1-year high of C$185.25. The company has a debt-to-equity ratio of 105.88, a current ratio of 0.82 and a quick ratio of 0.57. The firm has a 50-day simple moving average of C$170.77 and a two-hundred day simple moving average of C$160.92. The stock has a market cap of C$108.21 billion, a PE ratio of 22.67, a P/E/G ratio of 3.38 and a beta of 1.16.
Canadian National Railway (TSE:CNR – Get Free Report) (NYSE:CNI) last announced its earnings results on Friday, October 30th. The company reported C$2.16 earnings per share (EPS) for the quarter. The company had revenue of C$4.77 billion for the quarter. Canadian National Railway had a return on equity of 22.34% and a net margin of 26.42%. As a group, analysts forecast that Canadian National Railway will post 8.26 EPS 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.
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