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

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI has earned an average recommendation of "Moderate Buy" from the eighteen ratings firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, nine have given a buy rating and four have assigned a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is C$170.64.

Several research analysts have weighed in on the stock. ATB Capital upped their target price on shares of Canadian National Railway from C$167.00 to C$168.00 in a research report on Wednesday, October 23rd. Veritas upgraded shares of Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 23rd. Loop Capital lowered shares of Canadian National Railway from a "hold" rating to a "strong sell" rating in a research report on Monday, February 3rd. National Bankshares lowered their target price 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. Finally, Citigroup upgraded shares of Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, November 12th.

Canadian National Railway Stock Performance

Shares of Canadian National Railway stock traded up C$0.79 on Friday, reaching C$145.81. 312,843 shares of the stock were exchanged, compared to its average volume of 986,351. Canadian National Railway has a 1-year low of C$143.18 and a 1-year high of C$181.34. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 107.62. The business has a fifty day moving average price of C$148.45 and a two-hundred day moving average price of C$153.74. The firm has a market capitalization of C$91.79 billion, a PE ratio of 17.32, a PEG ratio of 3.38 and a beta of 0.65.

Insider Activity at Canadian National Railway

In related news, Director Tracy Robinson purchased 3,300 shares of the business's stock in a transaction on Wednesday, November 20th. The shares were bought at an average price of C$147.99 per share, with a total value of C$488,380.20. Also, Director Shauneen Elizabeth Bruder purchased 608 shares of the business's stock in a transaction on Monday, December 23rd. The shares were bought at an average cost of C$145.24 per share, for a total transaction of C$88,307.74. Insiders own 2.64% of the company's stock.

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%).