Canadian National Railway (CNR) Given a C$125.00 Price Target at BMO Capital Markets
Canadian National Railway (TSE:CNR) (NYSE:CNI) received a C$125.00 price target from stock analysts at BMO Capital Markets in a report released on Thursday, BayStreet.CA reports. The brokerage presently has a “market perform” rating on the stock. BMO Capital Markets’ price target would indicate a potential upside of 1.64% from the stock’s current price.
Other equities research analysts have also recently issued reports about the stock. CIBC raised their target price on shares of Canadian National Railway from C$119.00 to C$125.00 in a research report on Tuesday, April 30th. Raymond James reissued an “outperform” rating and set a C$135.00 price target on shares of Canadian National Railway in a research report on Tuesday, April 30th. Desjardins cut shares of Canadian National Railway from a “buy” rating to a “hold” rating in a research report on Friday, April 12th. National Bank Financial lifted their price target on shares of Canadian National Railway from C$112.00 to C$126.00 and gave the company a “sector perform” rating in a research report on Tuesday, April 30th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Canadian National Railway from C$116.00 to C$119.00 in a research report on Wednesday, January 30th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of C$126.80.
TSE:CNR opened at C$122.98 on Thursday. Canadian National Railway has a 12 month low of C$96.46 and a 12 month high of C$127.96. The company has a debt-to-equity ratio of 79.87, a current ratio of 0.75 and a quick ratio of 0.40. The stock has a market capitalization of $90.11 billion and a PE ratio of 20.63.
About Canadian National Railway
Canadian National Railway Company engages in rail and related transportation business. The company transports cargo serving exporters, importers, retailers, farmers, and manufacturers. It operates a network of approximately 20,000 route miles of track spans Canada and mid-America connecting the Atlantic, the Pacific, and the Gulf of Mexico.
Recommended Story: Why is the LIBOR significant?
Receive News & Ratings for Canadian National Railway Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian National Railway and related companies with MarketBeat.com's FREE daily email newsletter.