Analysts Set Canadian National Railway (TSE:CNR) PT at C$153.20

Shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) have received a consensus rating of “Moderate Buy” from the eighteen brokerages that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$153.20.

Several equities analysts have recently commented on CNR shares. JPMorgan Chase & Co. lowered their target price on shares of Canadian National Railway from C$154.00 to C$153.00 and set a “neutral” rating on the stock in a report on Wednesday, October 8th. Scotiabank lifted their price target on shares of Canadian National Railway from C$150.00 to C$160.00 and gave the company an “outperform” rating in a report on Monday, November 3rd. Desjardins increased their price objective on shares of Canadian National Railway from C$151.00 to C$161.00 and gave the company a “buy” rating in a report on Friday, December 12th. CIBC upgraded Canadian National Railway from a “neutral” rating to an “outperform” rating and raised their price objective for the company from C$146.00 to C$151.00 in a research report on Friday, November 28th. Finally, Citigroup boosted their target price on Canadian National Railway from C$119.00 to C$120.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd.

Canadian National Railway Stock Performance

TSE:CNR opened at C$137.78 on Monday. The stock has a 50-day moving average price of C$134.17 and a 200 day moving average price of C$134.03. The stock has a market capitalization of C$84.80 billion, a P/E ratio of 18.72, a P/E/G ratio of 3.38 and a beta of 0.82. Canadian National Railway has a 12-month low of C$126.11 and a 12-month high of C$154.56. The company has a current ratio of 0.64, a quick ratio of 0.58 and a debt-to-equity ratio of 107.59.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its quarterly earnings results on Friday, October 31st. The company reported C$1.83 EPS for the quarter. Canadian National Railway had a return on equity of 27.10% and a net margin of 31.20%.The company had revenue of C$4.17 billion for the quarter. Equities research analysts forecast that Canadian National Railway will post 8.2610275 EPS for the current fiscal year.

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.