Canadian National Railway (TSE:CNR) Receives C$170.43 Average PT from Brokerages

Shares of Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI have been assigned an average recommendation of "Moderate Buy" from the eighteen analysts that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation, nine have issued a buy recommendation and four have issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$169.43.

Several equities analysts recently commented on the stock. Barclays cut their price target on shares of Canadian National Railway from C$162.00 to C$160.00 in a report on Friday, January 17th. TD Securities raised shares of Canadian National Railway from a "hold" rating to a "buy" rating and reduced their price objective for the stock from C$175.00 to C$170.00 in a research note on Monday, January 13th. Scotiabank lowered their target price on shares of Canadian National Railway from C$180.00 to C$178.00 in a research note on Thursday, January 30th. Evercore ISI raised shares of Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research report on Thursday, December 19th. Finally, Royal Bank of Canada cut their price objective on Canadian National Railway from C$171.00 to C$165.00 and set an "outperform" rating on the stock in a report on Monday.

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Insider Buying and Selling at Canadian National Railway

In related news, Director Shauneen Elizabeth Bruder purchased 645 shares of the company's stock in a transaction on Wednesday, March 26th. The stock was acquired at an average cost of C$141.56 per share, for a total transaction of C$91,308.14. 2.64% of the stock is owned by insiders.

Canadian National Railway Price Performance

Shares of Canadian National Railway stock traded up C$0.52 during trading hours on Friday, reaching C$140.04. The company's stock had a trading volume of 2,867,000 shares, compared to its average volume of 1,299,185. The stock has a market cap of C$87.74 billion, a P/E ratio of 15.14, a P/E/G ratio of 3.38 and a beta of 0.65. Canadian National Railway has a one year low of C$135.06 and a one year high of C$180.12. The firm has a 50 day moving average price of C$144.94 and a 200-day moving average price of C$150.13. 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 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%).