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

Canadian National Railway (TSE:CNR) (NYSE:CNI) has earned an average rating of “Moderate Buy” from the eighteen analysts that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating, nine have given a buy rating and four have given a strong buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is C$170.64.

A number of equities research analysts recently weighed in on the company. Scotiabank decreased their target price on Canadian National Railway from C$180.00 to C$178.00 in a research report on Thursday, January 30th. Barclays decreased their price objective on Canadian National Railway from C$162.00 to C$160.00 in a report on Friday, January 17th. JPMorgan Chase & Co. restated an “outperform” rating on shares of Canadian National Railway in a research note on Tuesday, January 7th. Loop Capital downgraded shares of Canadian National Railway from a “hold” rating to a “strong sell” rating in a research note on Monday, February 3rd. Finally, Evercore ISI upgraded shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 19th.

Canadian National Railway Stock Performance

TSE CNR opened at C$141.72 on Tuesday. The company’s fifty day moving average is C$146.73 and its two-hundred day moving average is C$151.86. Canadian National Railway has a 52-week low of C$139.40 and a 52-week high of C$181.34. The company has a debt-to-equity ratio of 107.59, a current ratio of 0.64 and a quick ratio of 0.58. The firm has a market capitalization of C$88.79 billion, a price-to-earnings ratio of 15.32, a P/E/G ratio of 3.38 and a beta of 0.65.

Insider Transactions at Canadian National Railway

In related news, Director Shauneen Elizabeth Bruder bought 608 shares of Canadian National Railway stock in a transaction that occurred on Monday, December 23rd. The stock was purchased at an average cost of C$145.24 per share, with a total value of C$88,307.74. 2.64% of the stock is owned by corporate 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%).