Canadian National Railway (TSE:CNR) Lowered to Market Perform Rating by Raymond James

Raymond James lowered shares of Canadian National Railway (TSE:CNR - Free Report) NYSE: CNI from an outperform rating to a market perform rating in a research report sent to investors on Tuesday morning, MarketBeat Ratings reports. Raymond James currently has C$150.00 price objective on the stock, down from their prior price objective of C$180.00. Raymond James also issued estimates for Canadian National Railway's Q1 2025 earnings at $1.76 EPS, Q2 2025 earnings at $1.88 EPS, Q3 2025 earnings at $1.91 EPS, Q4 2025 earnings at $2.09 EPS, FY2025 earnings at $7.64 EPS and FY2026 earnings at $8.58 EPS.

Several other equities analysts have also issued reports on CNR. CIBC decreased their target price on Canadian National Railway from C$162.00 to C$157.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 25th. JPMorgan Chase & Co. restated an "outperform" rating on shares of Canadian National Railway in a report 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. Barclays dropped their price target on shares of Canadian National Railway from C$160.00 to C$150.00 in a research note on Wednesday, April 2nd. Finally, ATB Capital cut their price target on Canadian National Railway from C$161.00 to C$159.00 and set a "sector perform" rating on the stock in a report on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have given a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat, Canadian National Railway has a consensus rating of "Moderate Buy" and an average price target of C$164.50.

Canadian National Railway Trading Down 0.5 %

Shares of TSE:CNR traded down C$0.68 during mid-day trading on Tuesday, reaching C$134.62. 610,511 shares of the company were exchanged, compared to its average volume of 1,312,043. The firm has a market cap of C$84.34 billion, a price-to-earnings ratio of 14.55, a P/E/G ratio of 3.38 and a beta of 0.65. The company has a debt-to-equity ratio of 107.59, a current ratio of 0.64 and a quick ratio of 0.58. Canadian National Railway has a 1 year low of C$130.02 and a 1 year high of C$175.57. The firm's 50-day simple moving average is C$139.97 and its 200 day simple moving average is C$146.98.

Insider Activity at Canadian National Railway

In related news, Director Shauneen Elizabeth Bruder acquired 645 shares of Canadian National Railway stock in a transaction on Wednesday, March 26th. The stock was purchased at an average cost of C$141.56 per share, with a total value of C$91,308.14. Insiders own 2.64% of the company's stock.

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%).