Canadian National Railway (NYSE:CNI) Receives Consensus Rating of "Hold" from Brokerages

Canadian National Railway (NYSE:CNI - Get Free Report) TSE: CNR has received a consensus rating of "Hold" from the twenty ratings firms that are presently covering the company, MarketBeat reports. Seventeen research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $134.33.

Several equities analysts recently commented on CNI shares. Jefferies Financial Group started coverage on Canadian National Railway in a research note on Monday, April 8th. They issued a "hold" rating and a $130.00 price objective on the stock. Benchmark reissued a "hold" rating on shares of Canadian National Railway in a report on Wednesday, April 10th. Susquehanna Bancshares boosted their target price on shares of Canadian National Railway from $115.00 to $143.00 and gave the company a "neutral" rating in a report on Monday, January 8th. CIBC cut shares of Canadian National Railway from a "sector outperform" rating to a "neutral" rating in a report on Wednesday, January 10th. Finally, Stifel Nicolaus boosted their target price on shares of Canadian National Railway from $121.00 to $134.00 and gave the company a "hold" rating in a report on Friday, April 12th.

Institutional Trading of Canadian National Railway

Several institutional investors have recently added to or reduced their stakes in CNI. Bfsg LLC boosted its position in Canadian National Railway by 110.5% during the first quarter. Bfsg LLC now owns 200 shares of the transportation company's stock valued at $26,000 after buying an additional 105 shares during the period. GAMMA Investing LLC lifted its holdings in Canadian National Railway by 766.7% in the first quarter. GAMMA Investing LLC now owns 234 shares of the transportation company's stock worth $31,000 after buying an additional 207 shares during the period. JFS Wealth Advisors LLC lifted its holdings in Canadian National Railway by 241.1% in the third quarter. JFS Wealth Advisors LLC now owns 324 shares of the transportation company's stock worth $35,000 after buying an additional 229 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Canadian National Railway by 121.0% in the third quarter. EverSource Wealth Advisors LLC now owns 369 shares of the transportation company's stock worth $40,000 after buying an additional 202 shares during the period. Finally, Rational Advisors LLC purchased a new stake in Canadian National Railway in the third quarter worth about $41,000. 80.74% of the stock is currently owned by hedge funds and other institutional investors.

Canadian National Railway Trading Up 0.1 %

Shares of CNI stock traded up $0.07 during mid-day trading on Tuesday, hitting $129.39. The company's stock had a trading volume of 1,617,683 shares, compared to its average volume of 1,001,146. The company's fifty day simple moving average is $129.80 and its 200-day simple moving average is $122.20. Canadian National Railway has a 52 week low of $103.96 and a 52 week high of $134.02. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.47 and a current ratio of 0.61. The company has a market cap of $82.64 billion, a PE ratio of 20.41, a P/E/G ratio of 2.22 and a beta of 0.88.

Canadian National Railway (NYSE:CNI - Get Free Report) TSE: CNR last issued its earnings results on Tuesday, January 23rd. The transportation company reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.46 by $0.02. The business had revenue of $3.28 billion during the quarter, compared to analyst estimates of $3.25 billion. Canadian National Railway had a return on equity of 23.56% and a net margin of 33.38%. As a group, equities research analysts expect that Canadian National Railway will post 5.94 earnings per share for the current fiscal year.

Canadian National Railway Company Profile

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.