Canadian National Railway (TSE:CNR) Receives C$171.07 Average PT from Analysts

Shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) have been given an average rating of “Moderate Buy” by the nineteen ratings firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have given a buy rating and four have given a strong buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$170.60.

CNR has been the topic of several research reports. ATB Capital raised their target price on shares of Canadian National Railway from C$167.00 to C$168.00 in a report on Wednesday, October 23rd. TD Securities upgraded Canadian National Railway from a “hold” rating to a “buy” rating and reduced their price objective for the company from C$175.00 to C$170.00 in a research report on Monday, January 13th. JPMorgan Chase & Co. reissued an “outperform” rating on shares of Canadian National Railway in a research report on Tuesday, January 7th. Barclays reduced their price target on shares of Canadian National Railway from C$162.00 to C$160.00 in a research report on Friday. Finally, Desjardins cut their target price 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.

Insider Buying and Selling

In related news, Director Shauneen Elizabeth Bruder purchased 608 shares of the firm’s stock in a transaction on Monday, December 23rd. The shares were acquired at an average price of C$145.24 per share, for a total transaction of C$88,307.74. Also, Director Josephine Ann Marie Depass Olsovsky acquired 1,786 shares of the business’s stock in a transaction dated Wednesday, November 6th. The shares were purchased at an average price of C$154.93 per share, with a total value of C$276,697.30. In the last three months, insiders have acquired 6,694 shares of company stock valued at $1,005,958. Corporate insiders own 2.64% of the company’s stock.

Canadian National Railway Trading Up 0.1 %

Canadian National Railway stock opened at C$146.93 on Monday. The business’s fifty day moving average is C$149.84 and its 200 day moving average is C$155.18. Canadian National Railway has a one year low of C$143.18 and a one year high of C$181.34. The stock has a market capitalization of C$92.49 billion, a PE ratio of 17.45, a price-to-earnings-growth ratio of 3.38 and a beta of 0.65. 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 announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were given a dividend of $0.845 per share. This represents a $3.38 annualized dividend and a dividend yield of 2.30%. The ex-dividend date was Monday, December 9th. Canadian National Railway’s dividend payout ratio is currently 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.