Canadian National Railway (CNR.TO) – What Are Investment Firms Thinking About This Stock?

Canadian National Railway (TSE:CNR) (NYSE:CNI) has received a consensus recommendation of “Moderate Buy” from the twenty brokerages that are presently covering the stock, MarketBeat reports. Nine equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and three have assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$183.11.

A number of research analysts have recently issued reports on CNR shares. TD raised their price target on shares of Canadian National Railway from C$191.00 to C$205.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Scotia increased their price target on Canadian National Railway from C$194.00 to C$199.00 and gave the stock a “sector outperform” rating in a research report on Monday, July 27th. Citizens Jmp raised Canadian National Railway to a “hold” rating in a report on Wednesday, July 15th. Wells Fargo & Company boosted their price objective on Canadian National Railway from C$135.00 to C$145.00 and gave the company an “overweight” rating in a research report on Monday, July 27th. Finally, Desjardins upped their price objective on Canadian National Railway from C$185.00 to C$199.00 and gave the stock a “buy” rating in a research note on Monday, July 27th.

Canadian National Railway Trading Down 1.4%

Shares of CNR opened at C$172.50 on Friday. The company has a debt-to-equity ratio of 103.26, a current ratio of 0.87 and a quick ratio of 0.57. Canadian National Railway has a 12 month low of C$128.05 and a 12 month high of C$185.25. The stock’s 50-day moving average is C$170.80 and its two-hundred day moving average is C$167.10. The stock has a market cap of C$104.21 billion, a PE ratio of 22.14, a P/E/G ratio of 3.38 and a beta of 1.16.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its quarterly earnings results on Friday, July 24th. The company reported C$2.08 EPS for the quarter. Canadian National Railway had a return on equity of 22.19% and a net margin of 26.92%. The business had revenue of C$4.75 billion during the quarter. Equities analysts forecast that Canadian National Railway will post 8.26 earnings per share for the current fiscal year.

About Canadian National Railway

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.