Canadian National Railway (TSE:CNR) PT Lowered to C$161.00 at Royal Bank of Canada

Canadian National Railway (TSE:CNRGet Rating) (NYSE:CNI) had its price target dropped by equities researchers at Royal Bank of Canada from C$163.00 to C$161.00 in a report issued on Friday, BayStreet.CA reports. Royal Bank of Canada’s price objective suggests a potential upside of 6.24% from the company’s previous close.

A number of other equities analysts have also recently commented on CNR. Evercore ISI cut shares of Canadian National Railway to a “hold” rating and set a C$129.00 price objective for the company. in a research report on Monday, August 22nd. Scotiabank upped their price target on shares of Canadian National Railway from C$150.00 to C$152.00 in a research note on Wednesday, July 27th. CIBC upgraded shares of Canadian National Railway from a “neutral” rating to a “buy” rating and set a C$167.00 price target on the stock in a research note on Thursday, June 2nd. National Bankshares upped their price target on shares of Canadian National Railway from C$166.00 to C$173.00 in a research note on Thursday. Finally, JPMorgan Chase & Co. upped their price target on shares of Canadian National Railway from C$148.00 to C$150.00 in a research note on Wednesday, July 27th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and six have issued a buy rating to the stock. Based on data from, the stock presently has an average rating of “Hold” and an average price target of C$153.95.

Canadian National Railway Stock Down 1.3 %

Shares of TSE:CNR traded down C$1.97 during midday trading on Friday, hitting C$151.54. The stock had a trading volume of 405,136 shares, compared to its average volume of 1,266,282. Canadian National Railway has a 12 month low of C$137.26 and a 12 month high of C$171.48. The company has a quick ratio of 0.39, a current ratio of 0.71 and a debt-to-equity ratio of 68.21. The business’s 50-day simple moving average is C$157.87 and its 200-day simple moving average is C$153.95. The company has a market cap of C$103.36 billion and a P/E ratio of 20.80.

Canadian National Railway (TSE:CNRGet Rating) (NYSE:CNI) last released its quarterly earnings data on Tuesday, July 26th. The company reported C$1.93 EPS for the quarter, topping analysts’ consensus estimates of C$1.77 by C$0.16. The company had revenue of C$4.34 billion for the quarter, compared to the consensus estimate of C$4.12 billion. On average, sell-side analysts forecast that Canadian National Railway will post 7.8700005 earnings per share for the current fiscal year.

Insider Activity at Canadian National Railway

In related news, Senior Officer Sean Finn sold 1,255 shares of the firm’s stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of C$162.35, for a total value of C$203,749.25. Following the completion of the transaction, the insider now owns 20,893 shares in the company, valued at approximately C$3,391,978.55.

About Canadian National Railway

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Canadian National Railway Company, together with its subsidiaries, engages in the rail and related transportation business. The company's portfolio of goods includes petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal, and automotive products serving exporters, importers, retailers, farmers, and manufacturers.

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Analyst Recommendations for Canadian National Railway (TSE:CNR)

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