Canadian National Railway (TSE:CNR) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) have earned a consensus recommendation of “Moderate Buy” from the eighteen analysts that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, nine have issued a buy recommendation and four have given a strong buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is C$167.29.

Several analysts recently issued reports on CNR shares. Barclays cut their price target on shares of Canadian National Railway from C$160.00 to C$150.00 in a report on Wednesday. JPMorgan Chase & Co. reissued an “outperform” rating on shares of Canadian National Railway in a research note on Tuesday, January 7th. Loop Capital lowered shares of Canadian National Railway from a “hold” rating to a “strong sell” rating in a report on Monday, February 3rd. Evercore ISI upgraded Canadian National Railway from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 19th. Finally, Royal Bank of Canada decreased their target price on Canadian National Railway from C$171.00 to C$165.00 and set an “outperform” rating for the company in a research report on Monday, March 31st.

Canadian National Railway Stock Down 0.7 %

CNR opened at C$137.37 on Friday. The company has a market cap of C$86.07 billion, a P/E ratio of 14.85, a P/E/G ratio of 3.38 and a beta of 0.65. Canadian National Railway has a 12 month low of C$135.06 and a 12 month high of C$180.12. The company has a current ratio of 0.64, a quick ratio of 0.58 and a debt-to-equity ratio of 107.59. The business’s 50-day moving average price is C$143.93 and its 200-day moving average price is C$149.63.

Insiders Place Their Bets

In other Canadian National Railway news, Director Shauneen Elizabeth Bruder purchased 645 shares of Canadian National Railway stock in a transaction dated 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. 2.64% of the stock is owned by insiders.

Canadian National Railway Company Profile

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%).