Canadian National Railway (TSE:CNR) Given Consensus Rating of “Moderate Buy” by Brokerages

Canadian National Railway (TSE:CNR) (NYSE:CNI) has received an average recommendation of “Moderate Buy” from the sixteen brokerages that are currently covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and three have given a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is C$159.63.

CNR has been the topic of several analyst reports. Desjardins lifted their target price on Canadian National Railway from C$156.00 to C$163.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. ATB Cormark Capital Markets lifted their target price on Canadian National Railway from C$146.00 to C$150.00 and gave the company a “sector perform” rating in a research report on Friday, April 17th. National Bank Financial lifted their target price on Canadian National Railway from C$164.00 to C$173.00 and gave the company a “sector perform” rating in a research report on Friday. Royal Bank Of Canada lifted their target price on Canadian National Railway from C$178.00 to C$195.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Raymond James Financial lifted their target price on Canadian National Railway from C$162.00 to C$170.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd.

Canadian National Railway Trading Up 0.1%

Shares of Canadian National Railway stock opened at C$171.00 on Monday. The company has a debt-to-equity ratio of 104.96, a quick ratio of 0.58 and a current ratio of 0.67. Canadian National Railway has a 52 week low of C$126.11 and a 52 week high of C$171.48. The stock has a 50 day moving average price of C$159.14 and a two-hundred day moving average price of C$147.42. The stock has a market capitalization of C$103.73 billion, a PE ratio of 22.53, a price-to-earnings-growth ratio of 3.38 and a beta of 1.21.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last announced its quarterly earnings data on Wednesday, April 29th. The company reported C$1.80 EPS for the quarter. Canadian National Railway had a return on equity of 21.93% and a net margin of 27.23%.The firm had revenue of C$4.38 billion during the quarter. As a group, equities analysts anticipate that Canadian National Railway will post 8.2610275 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Justin M. Howell bought 350 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average price of C$152.74 per share, with a total value of C$53,459.00. Following the completion of the transaction, the director directly owned 350 shares in the company, valued at approximately C$53,459. This represents a ∞ increase in their ownership of the stock. 2.64% of the stock is currently owned by insiders.

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.