Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI reached a new 52-week low on Tuesday . The stock traded as low as C$138.65 and last traded at C$138.65, with a volume of 928803 shares. The stock had previously closed at C$141.72.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the company. Barclays decreased their price target on Canadian National Railway from C$162.00 to C$160.00 in a research note on Friday, January 17th. Citigroup upgraded Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, November 12th. TD Securities raised 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. restated an "outperform" rating on shares of Canadian National Railway in a report on Tuesday, January 7th. Finally, Evercore ISI upgraded shares of Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, four have given a hold rating, nine have given a buy rating and four have given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of C$170.64.
View Our Latest Stock Analysis on Canadian National Railway
Canadian National Railway Stock Performance
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 stock has a fifty day simple moving average of C$146.73 and a two-hundred day simple moving average of C$151.86. The firm has a market capitalization of C$87.24 billion, a P/E ratio of 15.05, a P/E/G ratio of 3.38 and a beta of 0.65.
Insider Activity
In other news, Director Shauneen Elizabeth Bruder bought 608 shares of the firm's stock in a transaction that occurred on Monday, December 23rd. The stock was acquired at an average cost of C$145.24 per share, with a total value of C$88,307.74. 2.64% of the stock is currently owned by company insiders.
About Canadian National Railway
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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%).
See Also
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