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

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI has received a consensus rating of "Moderate Buy" from the eighteen research firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have given a hold rating, nine have assigned a buy rating and four have given a strong buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$170.64.

CNR has been the topic of a number of research analyst reports. Barclays reduced their price target on Canadian National Railway from C$162.00 to C$160.00 in a report on Friday, January 17th. Scotiabank decreased their target price on Canadian National Railway from C$180.00 to C$178.00 in a report on Thursday, January 30th. Citigroup upgraded shares of Canadian National Railway from a "hold" rating to a "strong-buy" rating in a report on Tuesday, November 12th. Loop Capital lowered shares of Canadian National Railway from a "hold" rating to a "strong sell" rating in a report on Monday, February 3rd. Finally, TD Securities raised shares of Canadian National Railway from a "hold" rating to a "buy" rating and cut their target price for the company from C$175.00 to C$170.00 in a research note on Monday, January 13th.

Canadian National Railway Trading Down 0.4 %

Canadian National Railway stock traded down C$0.54 during trading hours on Tuesday, reaching C$145.24. The stock had a trading volume of 1,011,788 shares, compared to its average volume of 1,174,783. The stock has a market cap of C$91.00 billion, a PE ratio of 15.70, a PEG ratio of 3.38 and a beta of 0.65. The company has a fifty day simple moving average of C$146.82 and a 200-day simple moving average of C$152.01. The company has a debt-to-equity ratio of 107.59, a current ratio of 0.64 and a quick ratio of 0.58. Canadian National Railway has a 52 week low of C$139.40 and a 52 week high of C$181.34.

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Insider Transactions at Canadian National Railway

In other news, Director Shauneen Elizabeth Bruder acquired 608 shares of the firm's stock in a transaction that occurred on Monday, December 23rd. The stock was bought at an average cost of C$145.24 per share, for a total transaction of C$88,307.74. 2.64% of the stock is owned by insiders.

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%).