Canadian National Railway (TSE:CNR) Stock Rating Lowered by Susquehanna

Canadian National Railway (TSE:CNR) (NYSE:CNI) was downgraded by equities researchers at Susquehanna from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Several other equities research analysts have also weighed in on the stock. Stephens upgraded shares of Canadian National Railway to a “hold” rating in a report on Wednesday, July 8th. Evercore raised shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. Scotia lifted their price target on shares of Canadian National Railway from C$160.00 to C$162.00 and gave the company a “sector outperform” rating in a research note on Thursday, April 30th. National Bank Financial upped their price target on shares of Canadian National Railway from C$164.00 to C$173.00 and gave the company a “sector perform” rating in a report on Friday, June 26th. Finally, Desjardins boosted their price objective on shares of Canadian National Railway from C$163.00 to C$185.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Three research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$166.38.

Canadian National Railway Price Performance

Shares of CNR stock opened at C$175.58 on Tuesday. Canadian National Railway has a 1 year low of C$126.11 and a 1 year high of C$178.40. The company has a current ratio of 0.67, a quick ratio of 0.57 and a debt-to-equity ratio of 104.96. The firm’s 50 day moving average is C$164.14 and its 200-day moving average is C$150.72. The firm has a market capitalization of C$106.51 billion, a price-to-earnings ratio of 23.13, a PEG ratio of 3.38 and a beta of 1.18.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last issued its quarterly earnings results on Wednesday, April 29th. The company reported C$1.80 EPS for the quarter. Canadian National Railway had a net margin of 27.23% and a return on equity of 21.93%. The company had revenue of C$4.38 billion during the quarter. Sell-side analysts forecast that Canadian National Railway will post 8.2610275 EPS for the current fiscal year.

Insider Activity at Canadian National Railway

In other Canadian National Railway news, Director Justin M. Howell bought 350 shares of Canadian National Railway stock in a transaction dated Friday, May 15th. The stock was bought at an average price of C$152.74 per share, with a total value of C$53,459.00. Following the completion of the transaction, the director owned 350 shares in the company, valued at C$53,459. The trade was a ∞ increase in their position. Insiders own 2.64% of the company’s stock.

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.