Canadian National Railway (TSE:CNR) Given "Outperform" Rating at JPMorgan Chase & Co.

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI's stock had its "outperform" rating restated by investment analysts at JPMorgan Chase & Co. in a research note issued on Tuesday,BayStreet.CA reports.

A number of other analysts have also recently weighed in on CNR. Veritas raised Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 23rd. Sanford C. Bernstein decreased their price objective on Canadian National Railway from C$179.00 to C$173.00 in a report on Wednesday, October 9th. National Bankshares dropped their price objective on shares of Canadian National Railway from C$181.00 to C$178.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 23rd. UBS Group raised their price objective on shares of Canadian National Railway from C$189.00 to C$190.00 in a research report on Thursday, October 24th. Finally, BMO Capital Markets lowered their target price on shares of Canadian National Railway from C$182.00 to C$178.00 and set an "outperform" rating on the stock in a report on Wednesday, September 11th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Canadian National Railway currently has a consensus rating of "Moderate Buy" and a consensus target price of C$171.07.

Canadian National Railway Price Performance

Shares of TSE CNR traded up C$1.33 during mid-day trading on Tuesday, reaching C$149.86. The company's stock had a trading volume of 1,079,863 shares, compared to its average volume of 1,148,077. The firm has a market capitalization of C$94.34 billion, a PE ratio of 17.80, a P/E/G ratio of 3.38 and a beta of 0.65. Canadian National Railway has a 52 week low of C$143.72 and a 52 week high of C$181.34. The stock has a fifty day moving average of C$151.09 and a two-hundred day moving average of C$156.17. The company has a debt-to-equity ratio of 107.62, a current ratio of 0.63 and a quick ratio of 0.58.

Insiders Place Their Bets

In other Canadian National Railway news, Director David Lund Freeman acquired 1,000 shares of the stock in a transaction that occurred on Thursday, October 24th. The shares were acquired at an average cost of C$152.57 per share, with a total value of C$152,572.80. Also, Senior Officer Ghislain Houle sold 5,741 shares of the stock in a transaction on Friday, November 1st. The shares were sold at an average price of C$150.82, for a total value of C$865,844.99. Insiders bought a total of 6,694 shares of company stock valued at $1,005,958 over the last 90 days. Insiders own 2.64% of the company's stock.

About Canadian National Railway

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.