Canadian National Railway (TSE:CNR) Price Target Lowered to C$202.00 at UBS Group

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI had its price objective dropped by stock analysts at UBS Group from C$205.00 to C$202.00 in a report issued on Wednesday, BayStreet.CA reports. UBS Group's target price points to a potential upside of 19.99% from the company's previous close.

A number of other equities research analysts also recently weighed in on the stock. CIBC boosted their price target on shares of Canadian National Railway from C$177.00 to C$183.00 and gave the stock a "neutral" rating in a research note on Wednesday, March 27th. BMO Capital Markets boosted their price target on shares of Canadian National Railway from C$185.00 to C$195.00 in a research note on Monday, April 1st. JPMorgan Chase & Co. boosted their price objective on shares of Canadian National Railway from C$158.00 to C$164.00 and gave the company a "neutral" rating in a report on Wednesday, January 24th. Scotiabank boosted their price objective on shares of Canadian National Railway from C$173.00 to C$184.00 and gave the company a "sector perform" rating in a report on Monday, March 25th. Finally, Sanford C. Bernstein boosted their price objective on shares of Canadian National Railway from C$191.00 to C$195.00 and gave the company an "outperform" rating in a report on Monday, April 15th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, Canadian National Railway has a consensus rating of "Hold" and an average price target of C$184.50.

Canadian National Railway Trading Down 4.8 %

Shares of CNR traded down C$8.44 on Wednesday, reaching C$168.35. 1,684,512 shares of the company's stock were exchanged, compared to its average volume of 964,841. The company has a current ratio of 0.61, a quick ratio of 0.58 and a debt-to-equity ratio of 93.89. The stock has a market capitalization of C$107.78 billion, a P/E ratio of 19.74, a price-to-earnings-growth ratio of 2.06 and a beta of 0.65. The business has a 50 day moving average price of C$176.07 and a two-hundred day moving average price of C$165.60. Canadian National Railway has a 12 month low of C$143.13 and a 12 month high of C$181.34.

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI last posted its quarterly earnings results on Tuesday, January 23rd. The company reported C$2.02 earnings per share for the quarter, topping analysts' consensus estimates of C$1.96 by C$0.06. The business had revenue of C$4.47 billion during the quarter, compared to the consensus estimate of C$4.38 billion. Canadian National Railway had a net margin of 33.43% and a return on equity of 27.11%. Research analysts anticipate that Canadian National Railway will post 8.0140399 earnings per share for the current year.

Insider Activity

In related news, Director Shauneen Elizabeth Bruder purchased 488 shares of Canadian National Railway stock in a transaction dated Tuesday, March 26th. The stock was bought at an average price of C$177.40 per share, for a total transaction of C$86,571.20. In related news, Senior Officer Derek Michael Taylor sold 2,610 shares of the stock in a transaction on Monday, February 26th. The shares were sold at an average price of C$131.26, for a total transaction of C$342,577.38. Also, Director Shauneen Elizabeth Bruder bought 488 shares of Canadian National Railway stock in a transaction that occurred on Tuesday, March 26th. The shares were acquired at an average price of C$177.40 per share, with a total value of C$86,571.20. Corporate insiders own 1.67% of the company's stock.

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.