Kimberley A. Madigan Sells 900 Shares of Canadian National Railway (CNR) Stock
Canadian National Railway (TSE:CNR) (NYSE:CNI) insider Kimberley A. Madigan sold 900 shares of the business’s stock in a transaction on Thursday, September 20th. The shares were sold at an average price of C$88.02, for a total transaction of C$79,218.00.
CNR opened at C$114.51 on Friday. Canadian National Railway has a twelve month low of C$90.84 and a twelve month high of C$118.29.
Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its earnings results on Tuesday, July 24th. The company reported C$1.51 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$1.38 by C$0.13. Canadian National Railway had a net margin of 79.48% and a return on equity of 65.99%. The business had revenue of C$3.63 billion for the quarter, compared to analyst estimates of C$3.51 billion.
Several equities research analysts have issued reports on CNR shares. TD Securities boosted their price target on shares of Canadian National Railway from C$115.00 to C$125.00 and gave the company a “buy” rating in a report on Wednesday, July 25th. CIBC boosted their price target on shares of Canadian National Railway from C$105.00 to C$115.00 in a report on Wednesday, June 20th. Morgan Stanley boosted their price target on shares of Canadian National Railway from C$106.00 to C$116.00 in a report on Wednesday, July 25th. BMO Capital Markets reissued an “outperform” rating and issued a C$120.00 price target on shares of Canadian National Railway in a report on Wednesday, July 25th. Finally, Raymond James boosted their price target on shares of Canadian National Railway from C$116.00 to C$120.00 and gave the company an “outperform” rating in a report on Wednesday, July 25th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of C$114.46.
Canadian National Railway Company Profile
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.
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