Canadian National Railway (TSE:CNR) Reaches New 12-Month Low - Time to Sell?

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI's stock price reached a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$145.88, with a volume of 1193128 shares. The stock had previously closed at C$146.68.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CNR. 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. Scotiabank cut their price objective on shares of Canadian National Railway from C$180.00 to C$178.00 in a report on Thursday, January 30th. TD Securities upgraded Canadian National Railway from a "hold" rating to a "buy" rating and lowered their target price for the stock from C$175.00 to C$170.00 in a report on Monday, January 13th. JPMorgan Chase & Co. reiterated an "outperform" rating on shares of Canadian National Railway in a report on Tuesday, January 7th. Finally, Evercore ISI upgraded Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research note on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have given a buy rating and four have assigned a strong buy rating to the stock. Based on data from MarketBeat, Canadian National Railway has a consensus rating of "Moderate Buy" and a consensus price target of C$170.64.

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Canadian National Railway Stock Down 0.4 %

The firm has a market capitalization of C$91.00 billion, a price-to-earnings ratio of 15.70, a price-to-earnings-growth ratio of 3.38 and a beta of 0.65. The company has a debt-to-equity ratio of 107.59, a current ratio of 0.64 and a quick ratio of 0.58. The business has a fifty day moving average price of C$146.82 and a two-hundred day moving average price of C$152.01.

Insiders Place Their Bets

In related news, Director Shauneen Elizabeth Bruder acquired 608 shares of the firm's stock in a transaction dated Monday, December 23rd. The stock was acquired at an average price of C$145.24 per share, with a total value of C$88,307.74. 2.64% of the stock is currently owned by insiders.

About Canadian National Railway

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%).