Analysts Set Canadian National Railway (TSE:CNR) Price Target at C$170.64

Shares of Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI have been given a consensus recommendation of "Moderate Buy" by the eighteen research firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, nine have issued a buy recommendation and four have issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is C$170.64.

CNR has been the subject of a number of research reports. ATB Capital increased their price objective on Canadian National Railway from C$167.00 to C$168.00 in a report on Wednesday, October 23rd. TD Securities raised shares of Canadian National Railway from a "hold" rating to a "buy" rating and reduced their target price for the stock from C$175.00 to C$170.00 in a research report on Monday, January 13th. Desjardins lowered their price target on shares of Canadian National Railway from C$181.00 to C$180.00 and set a "buy" rating for the company in a research report on Wednesday, October 23rd. Loop Capital cut shares of Canadian National Railway from a "hold" rating to a "strong sell" rating in a report on Monday, February 3rd. Finally, Veritas raised shares of Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, October 23rd.

Insider Activity at Canadian National Railway

In other news, Director Tracy Robinson acquired 3,300 shares of Canadian National Railway stock in a transaction dated Wednesday, November 20th. The stock was purchased at an average cost of C$147.99 per share, with a total value of C$488,380.20. Also, Director Shauneen Elizabeth Bruder bought 608 shares of the stock in a transaction that occurred on Monday, December 23rd. The shares were purchased at an average price of C$145.24 per share, for a total transaction of C$88,307.74. 2.64% of the stock is owned by company insiders.

Canadian National Railway Stock Down 0.7 %

Shares of TSE:CNR traded down C$1.06 during trading on Friday, hitting C$145.54. The stock had a trading volume of 1,333,037 shares, compared to its average volume of 1,023,290. The company has a market capitalization of C$91.18 billion, a PE ratio of 15.73, a PEG ratio of 3.38 and a beta of 0.65. 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 firm's fifty day moving average is C$147.98 and its 200 day moving average is C$153.42. Canadian National Railway has a 12 month low of C$143.18 and a 12 month high of C$181.34.

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%).