Canadian National Railway (TSE:CNR) Receives Average Recommendation of “Moderate Buy” from Analysts

Canadian National Railway (TSE:CNR) (NYSE:CNI) has been given a consensus rating of “Moderate Buy” by the sixteen ratings firms that are covering the company, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation, six have given a buy recommendation and three have given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$152.00.

Several research analysts have recently issued reports on CNR shares. JPMorgan Chase & Co. lowered their target price on shares of Canadian National Railway from C$149.00 to C$147.00 in a report on Monday, February 2nd. UBS Group lowered shares of Canadian National Railway from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. TD Securities reduced their price target on shares of Canadian National Railway from C$166.00 to C$164.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. ATB Cormark Capital Markets decreased their price objective on shares of Canadian National Railway from C$153.00 to C$146.00 and set a “sector perform” rating for the company in a research note on Monday, February 2nd. Finally, Royal Bank Of Canada dropped their price objective on Canadian National Railway from C$153.00 to C$151.00 and set an “outperform” rating on the stock in a report on Monday, February 2nd.

Canadian National Railway Price Performance

CNR stock opened at C$135.45 on Friday. The business has a 50 day moving average price of C$142.14 and a 200 day moving average price of C$136.42. The company has a quick ratio of 0.58, a current ratio of 0.67 and a debt-to-equity ratio of 101.25. The stock has a market cap of C$82.81 billion, a price-to-earnings ratio of 17.89, a PEG ratio of 3.38 and a beta of 1.13. Canadian National Railway has a fifty-two week low of C$126.11 and a fifty-two week high of C$154.63.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last announced its quarterly earnings results on Friday, January 30th. The company reported C$2.08 EPS for the quarter. Canadian National Railway had a net margin of 27.28% and a return on equity of 21.95%. The company had revenue of C$4.46 billion for the quarter. Equities research analysts anticipate that Canadian National Railway will post 8.2610275 earnings per share 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.