Canadian National Railway (TSE:CNR) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) have been assigned an average rating of “Moderate Buy” from the nineteen brokerages that are presently covering the stock, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold rating, nine have given a buy rating and three have given a strong buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$170.56.

A number of equities analysts have weighed in on CNR shares. Citizens Jmp upgraded shares of Canadian National Railway to a “hold” rating in a report on Wednesday. Royal Bank Of Canada increased their target price on Canadian National Railway from C$178.00 to C$195.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 24th. JPMorgan Chase & Co. lifted their target price on Canadian National Railway from C$156.00 to C$175.00 in a report on Friday, July 10th. Scotia boosted their price target on Canadian National Railway from C$160.00 to C$162.00 and gave the company a “sector outperform” rating in a research report on Thursday, April 30th. Finally, TD boosted their price target on Canadian National Railway from C$171.00 to C$191.00 in a research report on Friday, July 10th.

Insider Buying and Selling at Canadian National Railway

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

Canadian National Railway Price Performance

CNR opened at C$180.16 on Friday. The company’s 50 day simple moving average is C$165.14 and its 200 day simple moving average is C$151.32. The company has a debt-to-equity ratio of 104.96, a quick ratio of 0.57 and a current ratio of 0.67. Canadian National Railway has a 1 year low of C$126.11 and a 1 year high of C$180.17. The stock has a market capitalization of C$109.29 billion, a PE ratio of 23.74, a P/E/G ratio of 3.38 and a beta of 1.18.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last issued its quarterly earnings results on Wednesday, April 29th. The company reported C$1.80 EPS for the quarter. Canadian National Railway had a net margin of 27.23% and a return on equity of 21.93%. The firm had revenue of C$4.38 billion during the quarter. As a group, sell-side analysts expect that Canadian National Railway will post 8.2610275 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.