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Canadian National Railway (TSE: CNR) share valuation confirmed by the Royal Bank of Canada

Canadian National Railways (TSE: CNR) (NYSE: CNI)According to Stock Target Advisor, the rating of the stock was confirmed by investment analysts at the Royal Bank of Canada in a research note to investors on Tuesday. You currently have a target price of $ 139.00 on the stock. The Royal Bank of Canada’s price target indicates a potential gain of 0.11% over the share’s last closing price.

Several other stock analysts recently released reports on the stock as well. Raymond James reiterated its “Outperform” rating and set a price target of CAD 160.00 on shares of the Canadian National Railway in a research note on Wednesday, January 27th. In a research report on Wednesday, January 27, the UBS Group lowered its price target for shares in the Canadian National Railway from C $ 148.00 to C $ 141.00. CIBC raised its target price for the Canadian National Railway from C $ 142.00 to C $ 148.00 and gave the stock a “neutral” rating in a research note on Friday, March 26th. Sanford C. Bernstein lowered its target price for the Canadian National Railway on Wednesday, January 27, in a research note from C $ 168.00 to C $ 156.00. Finally, TD Securities cut its target price on shares of the Canadian National Railway from C $ 165.00 to C $ 160.00 and researched it on Wednesday, January 27, to give the company a buy rating. Four investment analysts have rated the stock with a hold rating and three with a buy rating for the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $ 147.09.

The shares of the Canadian National Railway traded at $ 9.31 at noon on Tuesday and hit $ 138.85. The share had a trading volume of 969,606 shares compared to an average volume of 1,292,386 shares. The stock’s 50-day simple moving average is $ 145.44 and the 200-day simple moving average is $ 141.22. The Canadian National Railway has a twelve month low of $ 107.62 and a twelve month high of $ 149.44. The company has a leverage ratio of 67.80, a fast rate of 0.52, and a current rate of 0.95. The stock has a market capitalization of $ 98.68 billion and a P / E ratio of 27.44.

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The Canadian National Railway (TSE: CNR) (NYSE: CNI) last released its quarterly earnings data on Tuesday, January 26th. The company reported earnings of $ 1.43 per share for the quarter, beating the consensus estimate of $ 1.40 by $ 0.03. The company had sales of $ 3.66 billion for the quarter, compared to analyst estimates of $ 3.62 billion. Stock analysts estimate that Canadian National Railway will achieve earnings per share of 6.2915347 for the current fiscal year.

In other news, insider III Gates William Henry sold 71,200 shares of Canadian National Railway in a transaction dated Wednesday, January 20. The shares were sold at an average price of $ 138.70 for a total value of $ 9,875,084. Upon completion of the transaction, the Insider now directly holds 14,609,502 shares in the company valued at approximately CAD 2,026,264,879.89. In addition, Senior Officer Sean Finn sold 5,000 shares of the stock on Friday, January 29. The stock sold at an average price of $ 129.42 for a total transaction of $ 647,080. Following the sale, the Insider now holds 15,613 shares in the company valued at approximately $ 2,020,572.01. Insiders have sold 333,234 shares in the company for $ 45,860,509 in the past ninety days.

Profile of the Canadian National Railway Company

The Canadian National Railway Company, together with its subsidiaries, operates in the rail and related transportation business. The product portfolio includes petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal products and automotive products for exporters, importers, retailers, farmers and manufacturers.

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Analyst Recommendations for Canadian National Railway (TSE: CNR)

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