Canadian National Railway (CNR.TO) - What Are Researchers Thinking About This Stock?

Key Points

• Analysts maintain a “Moderate Buy” consensus on Canadian National Railway, with eight buy ratings, three strong-buy ratings and nine holds. The average 12-month price target is C$183.11.
• Recent brokerage actions were mixed but generally constructive: TD raised its target to C$205 with a buy rating, while Scotiabank trimmed its target to C$198 but retained a sector-outperform view.
• CNR opened at C$172.50, with a market capitalization of about C$104.21 billion. Its latest quarter included C$2.08 in EPS and C$4.75 billion in revenue, alongside a 26.92% net margin and 22.19% return on equity.

Shares of Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI have been assigned an average recommendation of "Moderate Buy" from the twenty research firms that are currently covering the stock, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold rating, eight have issued a buy rating and three have issued a strong buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$183.11.

A number of brokerages have recently issued reports on CNR. Stephens upgraded shares of Canadian National Railway to a "hold" rating in a research note on Wednesday, July 8th. TD boosted their target price on Canadian National Railway from C$191.00 to C$205.00 and gave the stock a "buy" rating in a research report on Monday, July 27th. Scotiabank dropped their target price on Canadian National Railway from C$199.00 to C$198.00 and set a "sector outperform" rating on the stock in a research report on Thursday, October 15th. ATB Cormark Capital Markets increased their target price on Canadian National Railway from C$166.00 to C$185.00 and gave the stock a "sector perform" rating in a research note on Monday, July 27th. Finally, Wells Fargo & Company raised their price target on Canadian National Railway from C$135.00 to C$145.00 and gave the company an "overweight" rating in a report on Monday, July 27th.

Canadian National Railway Trading Down 1.4%

CNR opened at C$172.50 on Friday. The firm has a market cap of C$104.21 billion, a price-to-earnings ratio of 22.14, a price-to-earnings-growth ratio of 3.38 and a beta of 1.16. Canadian National Railway has a 52 week low of C$128.05 and a 52 week high of C$185.25. The business's 50 day moving average is C$170.80 and its two-hundred day moving average is C$167.10. The company has a quick ratio of 0.57, a current ratio of 0.87 and a debt-to-equity ratio of 103.26.

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI last announced its earnings results on Friday, July 24th. The company reported C$2.08 EPS for the quarter. Canadian National Railway had a net margin of 26.92% and a return on equity of 22.19%. The business had revenue of C$4.75 billion during the quarter. On average, research analysts predict that Canadian National Railway will post 8.26 EPS for the current year.

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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