Analysts Set Canadian National Railway (TSE:CNR) Price Target at C$171.07

Shares of Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI have been given a consensus rating of "Moderate Buy" by the nineteen analysts that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have issued a hold rating, nine have given a buy rating and four have given a strong buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$170.73.

CNR has been the subject of a number of analyst reports. TD Securities raised Canadian National Railway from a "hold" rating to a "buy" rating and reduced their price target for the company from C$175.00 to C$170.00 in a report on Monday. Sanford C. Bernstein decreased their price target on shares of Canadian National Railway from C$179.00 to C$173.00 in a research report on Wednesday, October 9th. Veritas raised shares of Canadian National Railway from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 23rd. JPMorgan Chase & Co. reissued an "outperform" rating on shares of Canadian National Railway in a report on Tuesday, January 7th. Finally, ATB Capital upped their target price on shares of Canadian National Railway from C$167.00 to C$168.00 in a research note on Wednesday, October 23rd.

Insider Transactions at Canadian National Railway

In other news, Director Shauneen Elizabeth Bruder bought 608 shares of the business's stock in a transaction on Monday, December 23rd. The stock was purchased at an average cost of C$145.24 per share, for a total transaction of C$88,307.74. Also, Director David Lund Freeman purchased 1,000 shares of the firm's stock in a transaction on Thursday, October 24th. The shares were purchased at an average cost of C$152.57 per share, with a total value of C$152,572.80. Over the last quarter, insiders acquired 6,694 shares of company stock valued at $1,005,958. 2.64% of the stock is currently owned by corporate insiders.

Canadian National Railway Stock Up 1.7 %

TSE CNR traded up C$2.48 during trading hours on Monday, hitting C$146.80. The company had a trading volume of 907,853 shares, compared to its average volume of 1,006,320. The firm's 50 day moving average is C$150.19 and its 200 day moving average is C$155.38. The company has a market capitalization of C$92.41 billion, a price-to-earnings ratio of 17.43, a P/E/G ratio of 3.38 and a beta of 0.65. Canadian National Railway has a fifty-two week low of C$143.18 and a fifty-two week high of C$181.34. The company has a debt-to-equity ratio of 107.62, a current ratio of 0.63 and a quick ratio of 0.58.

Canadian National Railway Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a dividend of $0.845 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $3.38 annualized dividend and a dividend yield of 2.30%. Canadian National Railway's dividend payout ratio is presently 40.14%.

Canadian National Railway Company Profile

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.