ATB Capital Cuts Canadian National Railway (TSE:CNR) Price Target to C$146.00

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price target reduced by ATB Capital from C$153.00 to C$146.00 in a report published on Monday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

CNR has been the subject of a number of other research reports. Desjardins cut their price objective on shares of Canadian National Railway from C$161.00 to C$160.00 and set a “buy” rating for the company in a research report on Monday, January 12th. Royal Bank Of Canada lowered their price target on Canadian National Railway from C$158.00 to C$153.00 and set an “outperform” rating on the stock in a research note on Thursday, December 18th. National Bankshares set a C$150.00 price target on Canadian National Railway and gave the company a “sector perform” rating in a report on Thursday, January 8th. JPMorgan Chase & Co. decreased their price objective on 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. Finally, Vertical Research upgraded Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 5th. Three equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$151.60.

Canadian National Railway Trading Up 2.7%

Shares of Canadian National Railway stock opened at C$135.23 on Monday. The company’s fifty day simple moving average is C$135.65 and its 200-day simple moving average is C$133.09. The company has a market cap of C$82.97 billion, a price-to-earnings ratio of 17.86, a PEG ratio of 3.38 and a beta of 0.85. 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 has a 1 year low of C$126.11 and a 1 year high of C$152.12.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last released its earnings results on Friday, January 30th. The company reported C$2.08 EPS for the quarter. Canadian National Railway had a net margin of 31.20% and a return on equity of 27.10%. The firm had revenue of C$4.46 billion during the quarter. As a group, sell-side analysts expect that Canadian National Railway will post 8.2610275 EPS for the current 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.