Canadian National Railway (TSE:CNR) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI has received an average rating of "Moderate Buy" from the nineteen analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have given a hold rating, eight have given a buy rating and four have given a strong buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$164.50.

Several research analysts recently weighed in on the company. National Bankshares dropped their price target on Canadian National Railway from C$176.00 to C$170.00 and set an "outperform" rating on the stock in a research report on Thursday, April 3rd. Royal Bank of Canada dropped their target price on shares of Canadian National Railway from C$171.00 to C$165.00 and set an "outperform" rating on the stock in a research report on Monday, March 31st. Scotiabank cut their target price on Canadian National Railway from C$176.00 to C$166.00 and set an "outperform" rating for the company in a research report on Wednesday, April 2nd. Loop Capital downgraded shares of Canadian National Railway from a "hold" rating to a "strong sell" rating in a research report on Monday, February 3rd. Finally, ATB Capital reduced their price objective on shares of Canadian National Railway from C$161.00 to C$159.00 and set a "sector perform" rating on the stock in a research note on Friday, April 11th.

Insider Transactions at Canadian National Railway

In other Canadian National Railway news, Director Shauneen Elizabeth Bruder purchased 645 shares of the firm's stock in a transaction on Wednesday, March 26th. The shares were acquired at an average cost of C$141.56 per share, with a total value of C$91,308.14. Insiders own 2.64% of the company's stock.

Canadian National Railway Stock Performance

Shares of CNR traded down C$0.68 during mid-day trading on Wednesday, hitting C$134.62. The stock had a trading volume of 610,511 shares, compared to its average volume of 1,312,043. The company has a quick ratio of 0.58, a current ratio of 0.64 and a debt-to-equity ratio of 107.59. The company's fifty day simple moving average is C$139.97 and its two-hundred day simple moving average is C$147.03. Canadian National Railway has a fifty-two week low of C$130.02 and a fifty-two week high of C$175.57. The company has a market cap of C$84.34 billion, a PE ratio of 14.55, a PEG ratio of 3.38 and a beta of 0.65.

Canadian National Railway Company Profile

Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2019, CN delivered almost 6 million carloads over its 19,600 miles of track. CN generated roughly CAD 14 billion in total revenue by hauling intermodal containers (25% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (6%), and coal (4%).