Analysts Set Canadian National Railway (TSE:CNR) PT at C$170.43

Canadian National Railway (TSE:CNR) (NYSE:CNI) has been given a consensus rating of “Moderate Buy” by the eighteen brokerages that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, nine have assigned a buy recommendation and four have assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$167.29.

A number of equities research analysts have commented on CNR shares. CIBC decreased their price target on Canadian National Railway from C$162.00 to C$157.00 and set a “neutral” rating on the stock in a report on Tuesday, March 25th. Royal Bank of Canada lowered their price target 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, March 31st. Scotiabank cut their price objective on shares of Canadian National Railway from C$176.00 to C$166.00 and set an “outperform” rating for the company in a report on Wednesday. Loop Capital cut shares of Canadian National Railway from a “hold” rating to a “strong sell” rating in a research report on Monday, February 3rd. Finally, National Bankshares lowered their target price on shares of Canadian National Railway from C$176.00 to C$170.00 and set an “outperform” rating on the stock in a report on Thursday.

Canadian National Railway Stock Down 0.7 %

Shares of CNR stock opened at C$137.37 on Friday. The company has a market capitalization of C$86.07 billion, a price-to-earnings ratio of 14.85, a PEG ratio of 3.38 and a beta of 0.65. The company has a debt-to-equity ratio of 107.59, a current ratio of 0.64 and a quick ratio of 0.58. The company’s fifty day moving average price is C$143.93 and its 200-day moving average price is C$149.63. Canadian National Railway has a one year low of C$135.06 and a one year high of C$180.12.

Insiders Place Their Bets

In other news, Director Shauneen Elizabeth Bruder acquired 645 shares of the company’s stock in a transaction on Wednesday, March 26th. The stock was bought at an average cost of C$141.56 per share, with a total value of C$91,308.14. 2.64% of the stock is currently 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%).