Canadian National Railway (TSE:CNR) Director Buys C$91,308.14 in Stock

Canadian National Railway (TSE:CNR) (NYSE:CNI) Director Shauneen Elizabeth Bruder acquired 645 shares of the stock in a transaction that occurred on Wednesday, March 26th. The stock was purchased at an average price of C$141.56 per share, with a total value of C$91,308.14.

Canadian National Railway Price Performance

Shares of CNR traded down C$0.14 during mid-day trading on Thursday, reaching C$142.70. The company had a trading volume of 1,159,963 shares, compared to its average volume of 1,281,763. The company’s 50 day simple moving average is C$145.17 and its 200 day simple moving average is C$150.51. The company has a market capitalization of C$89.41 billion, a price-to-earnings ratio of 15.43, a P/E/G ratio of 3.38 and a beta of 0.65. Canadian National Railway has a 1-year low of C$135.06 and a 1-year high of C$180.12. The company has a debt-to-equity ratio of 107.59, a quick ratio of 0.58 and a current ratio of 0.64.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CNR. JPMorgan Chase & Co. reiterated an “outperform” rating on shares of Canadian National Railway in a report on Tuesday, January 7th. Scotiabank decreased their price target on shares of Canadian National Railway from C$180.00 to C$178.00 in a research note on Thursday, January 30th. CIBC cut their price objective on shares of Canadian National Railway from C$162.00 to C$157.00 and set a “neutral” rating on the stock in a research report on Tuesday. Loop Capital lowered shares of Canadian National Railway from a “hold” rating to a “strong sell” rating in a research note on Monday, February 3rd. Finally, Barclays lowered their target price on shares of Canadian National Railway from C$162.00 to C$160.00 in a report on Friday, January 17th. One analyst has rated the stock with a sell rating, four have issued a hold rating, nine have issued a buy rating and four have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$170.43.

About Canadian National Railway

Canadian National’s railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2019, CN delivered almost 6 million carloads over its 19,600 miles of track. CN generated roughly CAD 14 billion in total revenue by hauling intermodal containers (25% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (6%), and coal (4%).