Canadian National Railway (TSE:CNR) Price Target Raised to C$195.00 at BMO Capital Markets

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price objective upped by investment analysts at BMO Capital Markets from C$180.00 to C$195.00 in a note issued to investors on Monday,BayStreet.CA reports. BMO Capital Markets’ price objective would suggest a potential upside of 7.09% from the stock’s current price.

A number of other analysts have also issued reports on CNR. Sanford C. Bernstein lifted their target price on Canadian National Railway from C$163.00 to C$196.00 in a research report on Thursday, July 16th. JPMorgan Chase & Co. lifted their price target on shares of Canadian National Railway from C$156.00 to C$175.00 in a research note on Friday, July 10th. Evercore upgraded shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Raymond James Financial boosted their target price on shares of Canadian National Railway from C$170.00 to C$198.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 14th. Finally, ATB Cormark Capital Markets increased their price target on shares of Canadian National Railway from C$150.00 to C$166.00 and gave the stock a “sector perform” rating in a research report on Friday, July 10th. Three research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$183.29.

Canadian National Railway Stock Down 0.4%

TSE CNR traded down C$0.82 on Monday, reaching C$182.09. The company had a trading volume of 676,090 shares, compared to its average volume of 1,685,911. The company has a debt-to-equity ratio of 103.26, a current ratio of 0.87 and a quick ratio of 0.57. Canadian National Railway has a 1 year low of C$126.11 and a 1 year high of C$185.25. The firm has a 50-day moving average of C$168.47 and a 200-day moving average of C$153.20. The firm has a market capitalization of C$110.46 billion, a PE ratio of 23.99, a P/E/G ratio of 3.38 and a beta of 1.18.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last announced its earnings results on Friday, July 24th. The company reported C$2.08 earnings per share for the quarter. The business had revenue of C$4.75 billion during the quarter. Canadian National Railway had a net margin of 26.92% and a return on equity of 22.19%. On average, equities research analysts anticipate that Canadian National Railway will post 8.2610275 EPS for the current fiscal year.

Insider Transactions at Canadian National Railway

In related news, Director Justin M. Howell bought 350 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was bought at an average cost of C$152.74 per share, for a total transaction of C$53,459.00. Following the completion of the purchase, the director directly owned 350 shares in the company, valued at approximately C$53,459. The trade was a ∞ increase in their position. 2.64% of the stock is owned by corporate insiders.

Canadian National Railway Company Profile

CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.