Canadian National Railway Company (CNR) Price Target Increased to C$94.00 by Analysts at Raymond James Financial Inc.
Canadian National Railway Company (TSE:CNR) had its target price upped by Raymond James Financial Inc. from C$92.00 to C$94.00 in a research note published on Monday. They currently have a market perform rating on the stock.
Several other research analysts have also weighed in on the stock. TD Securities reaffirmed a hold rating and set a C$90.00 target price on shares of Canadian National Railway Company in a research note on Friday, October 7th. JPMorgan Chase & Co. increased their target price on shares of Canadian National Railway Company from C$87.00 to C$90.00 in a research note on Thursday, October 6th. Scotiabank reaffirmed a sector perform rating and set a C$87.00 target price on shares of Canadian National Railway Company in a research note on Friday, September 30th. Loop Capital reaffirmed a hold rating on shares of Canadian National Railway Company in a research note on Tuesday, September 27th. Finally, Canadian National Railway Co. increased their target price on shares of Canadian National Railway Company from C$85.00 to C$89.00 in a research note on Monday, September 12th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of C$87.65.
Canadian National Railway Company (TSE:CNR) opened at 87.06 on Monday. The company has a market cap of $67.18 billion and a price-to-earnings ratio of 19.19. Canadian National Railway Company has a 1-year low of $66.62 and a 1-year high of $89.40. The company’s 50 day moving average is $84.89 and its 200 day moving average is $80.62.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Friday, September 9th were given a dividend of $0.375 per share. The ex-dividend date was Wednesday, September 7th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.72%.
About Canadian National Railway Company
Canadian National Railway Co is engaged in the rail and related transportation business. The Company’s network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico. The Company’s freight includes approximately seven commodity groups, such as petroleum and chemicals, metals and minerals, forest products, coal, grain and fertilizers, intermodal and automotive.
Receive News & Stock Ratings for Canadian National Railway Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian National Railway Company and related stocks with our FREE daily email newsletter.