Canadian National Railway (TSE:CNR) Director Buys C$87,463.40 in Stock

Canadian National Railway (TSE:CNR) (NYSE:CNI) Director Shauneen Elizabeth Bruder acquired 620 shares of the stock in a transaction on Thursday, March 26th. The stock was bought at an average price of C$141.07 per share, with a total value of C$87,463.40. Following the transaction, the director directly owned 19,071 shares of the company’s stock, valued at approximately C$2,690,345.97. The trade was a 3.36% increase in their position.

Canadian National Railway Trading Up 1.0%

Shares of Canadian National Railway stock traded up C$1.35 on Tuesday, hitting C$142.55. The stock had a trading volume of 554,191 shares, compared to its average volume of 1,881,428. 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 one year low of C$126.11 and a one year high of C$154.63. The stock’s 50-day simple moving average is C$142.46 and its two-hundred day simple moving average is C$136.85. The stock has a market cap of C$87.16 billion, a price-to-earnings ratio of 18.83, a PEG ratio of 3.38 and a beta of 1.13.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its quarterly earnings results on Friday, January 30th. The company reported C$2.08 EPS for the quarter. The company had revenue of C$4.46 billion during the quarter. Canadian National Railway had a net margin of 27.28% and a return on equity of 21.95%. As a group, sell-side analysts predict that Canadian National Railway will post 8.2610275 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Royal Bank Of Canada raised their target price on Canadian National Railway from C$151.00 to C$160.00 in a research note on Thursday, March 26th. ATB Cormark Capital Markets lowered their price target on Canadian National Railway from C$153.00 to C$146.00 and set a “sector perform” rating for the company in a research report on Monday, February 2nd. National Bank Financial dropped their price objective on Canadian National Railway from C$150.00 to C$147.00 and set a “sector perform” rating for the company in a report on Monday, February 2nd. Canadian Imperial Bank of Commerce boosted their target price on Canadian National Railway from C$151.00 to C$154.00 in a research note on Thursday, January 8th. Finally, JPMorgan Chase & Co. decreased their target price on Canadian National Railway from C$149.00 to C$147.00 in a report on Monday, February 2nd. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Canadian National Railway presently has a consensus rating of “Moderate Buy” and an average 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.