Canadian National Railway (TSE:CNR) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Analysts give Canadian National a consensus rating of "Moderate Buy" from 18 firms (6 hold, 9 buy, 3 strong buy) with an average 12‑month target of C$158.00.
• CN reported Q results with C$1.80 EPS, C$4.38 billion revenue, a 27.23% net margin and 21.93% ROE, and the stock trades around C$152 with a PE of 20.05 and market cap ~C$92.3B.
• Notable insider buying occurred recently—two directors purchased shares (including 7,400 and 620 shares)—and insiders now own about 2.64% of the company.

Shares of Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI have received a consensus recommendation of "Moderate Buy" from the eighteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and three have given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is C$158.00.

Several analysts have recently weighed in on the stock. Raymond James Financial lifted their price target on shares of Canadian National Railway from C$162.00 to C$170.00 and gave the company an "outperform" rating in a research note on Thursday, April 23rd. UBS Group downgraded shares of Canadian National Railway from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 2nd. Canadian Imperial Bank of Commerce lifted their price target on shares of Canadian National Railway from C$151.00 to C$154.00 in a research note on Thursday, January 8th. Desjardins lifted their price target on shares of Canadian National Railway from C$156.00 to C$163.00 and gave the company a "buy" rating in a research note on Thursday. Finally, National Bank Financial lifted their price target on shares of Canadian National Railway from C$147.00 to C$164.00 and gave the company a "sector perform" rating in a research note on Wednesday, April 15th.

Canadian National Railway Stock Performance

Canadian National Railway stock opened at C$152.19 on Friday. The company has a 50 day moving average price of C$147.55 and a 200-day moving average price of C$139.93. The company has a debt-to-equity ratio of 104.96, a quick ratio of 0.58 and a current ratio of 0.67. Canadian National Railway has a fifty-two week low of C$126.11 and a fifty-two week high of C$158.25. The company has a market capitalization of C$92.32 billion, a PE ratio of 20.05, a P/E/G ratio of 3.38 and a beta of 1.08.

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI last posted its quarterly earnings results on Wednesday, April 29th. The company reported C$1.80 earnings per share for the quarter. Canadian National Railway had a net margin of 27.23% and a return on equity of 21.93%. The firm had revenue of C$4.38 billion during the quarter. As a group, equities analysts forecast that Canadian National Railway will post 8.2610275 earnings per share for the current year.

Insider Activity at Canadian National Railway

In other Canadian National Railway news, Director Shauneen Elizabeth Bruder acquired 620 shares of Canadian National Railway stock in a transaction that occurred on Thursday, March 26th. The stock was bought at an average price of C$141.07 per share, with a total value of C$87,463.40. Following the completion of the purchase, the director directly owned 19,071 shares of the company's stock, valued at approximately C$2,690,345.97. This represents a 3.36% increase in their position. Also, Director Albert Monaco acquired 7,400 shares of Canadian National Railway stock in a transaction that occurred on Friday, March 20th. The stock was acquired at an average cost of C$135.68 per share, with a total value of C$1,004,032.00. Following the purchase, the director directly owned 7,400 shares of the company's stock, valued at C$1,004,032. This represents a ∞ increase in their ownership of the stock. Insiders own 2.64% of the company's stock.

Canadian National Railway Company Profile

CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada's Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.

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