Canadian National Railway (TSE:CNR) Given New C$155.00 Price Target at ATB Capital

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI had its target price dropped by research analysts at ATB Capital from C$156.00 to C$155.00 in a report issued on Monday,BayStreet.CA reports. The firm currently has a "sector perform" rating on the stock. ATB Capital's price objective suggests a potential upside of 8.00% from the stock's current price.

Other equities research analysts have also issued reports about the company. Royal Bank Of Canada set a C$163.00 price target on Canadian National Railway and gave the stock an "outperform" rating in a research note on Thursday, June 5th. UBS Group upped their target price on Canadian National Railway from C$172.00 to C$174.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. Scotiabank upped their target price on Canadian National Railway from C$160.00 to C$165.00 and gave the stock an "outperform" rating in a research report on Friday, June 6th. Susquehanna raised Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 6th. Finally, CIBC upped their target price on Canadian National Railway from C$146.00 to C$155.00 in a research report on Thursday, May 22nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have given a buy rating and four have issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of C$159.71.

Canadian National Railway Trading Up 2.0%

TSE:CNR traded up C$2.82 on Monday, hitting C$143.52. 625,306 shares of the stock were exchanged, compared to its average volume of 1,361,644. The stock has a market cap of C$89.92 billion, a PE ratio of 15.52, a PEG ratio of 3.38 and a beta of 0.65. 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 stock has a fifty day moving average of C$142.77 and a 200-day moving average of C$143.12. Canadian National Railway has a fifty-two week low of C$130.02 and a fifty-two week high of C$169.49.

Insider Activity

In other Canadian National Railway news, Director Susan C. Jones purchased 1,461 shares of the stock in a transaction dated Tuesday, May 6th. The shares were bought at an average cost of C$136.62 per share, with a total value of C$199,600.80. Also, Director Shauneen Elizabeth Bruder purchased 627 shares of the stock in a transaction dated Wednesday, June 25th. The stock was acquired at an average cost of C$139.47 per share, for a total transaction of C$87,448.44. Company insiders own 2.64% of the company's stock.

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%).