Canadian National Railways (TSE: CNR) (NYSE: CNI)The “Na” rating of the stock has been confirmed by research analysts at JPMorgan Chase & Co. in a research report released on Thursday, reports Stock Target Advisor. You currently have a target price of $ 145.00 on the stock. JPMorgan Chase & Co.’s price target would mean a possible downtrend of 0.90% from the current price of the stock.
CNR has been the subject of a number of other research reports. National Bankshares raised its target price on shares of the Canadian National Railway from C $ 137.00 to C $ 147.00 and rated the share as “Outperform” in a research note on Wednesday, March 31st. TD Securities lowered its target price on the Canadian National Railway from C $ 165.00 to C $ 160.00 and issued a buy rating for the company in a research note on Wednesday, January 27th. National Bank Financial lowered its target price on shares of the Canadian National Railway from C $ 141.00 to C $ 137.00 and issued a rating for the company’s sector performance in a report on Wednesday, Jan. 27. Raymond James reiterated his “Outperform” rating and issued a report on Wednesday, January 27th, with a target price of $ 160.00 on shares of the Canadian National Railway. Finally, the Royal Bank of Canada lowered its target price on shares of the Canadian National Railway from C $ 155.00 to C $ 139.00 and issued a research note on Wednesday, January 27, rating the company’s sector performance. Five investment analysts have rated the stock with a hold rating and three with a buy rating. The stock currently has an average “Hold” rating and an average price target of $ 147.73.
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The shares of the Canadian National Railway were trading at C $ 0.78 on Thursday to hit C $ 146.31. 71,793 shares of the stock were traded, compared to an average volume of 1,343,860. The Canadian National Railway has a 52-week low of $ 106.51 and a 52-week high of $ 149.18. The stock’s 50-day simple moving average is $ 143.21 and the 200-day simple moving average is $ 140.84. The company has a market capitalization of $ 103.98 billion and a P / E ratio of 29.28. The company has a current rate of 0.95, a fast rate of 0.52, and a leverage ratio of 67.80.
The Canadian National Railway (TSE: CNR) (NYSE: CNI) last released its results on Tuesday, January 26th. The company reported earnings per share for the quarter of $ 1.43, beating Thomson Reuters’ consensus estimate of $ 1.40 by $ 0.03. The company posted revenue of $ 3.66 billion for the quarter, compared to the consensus estimate of $ 3.62 billion. As a group, equity analysts expect the Canadian National Railway to post an EPS of 6.2915347 for the current year.
In related news, Senior Officer James Barry Cairns sold 1,115 shares in the company in a transaction on Wednesday March 17. The stock sold at an average price of $ 146.68 for a total value of $ 163,548.76. Upon completion of the transaction, the Insider now holds 746 shares in the company valued at approximately $ 109,423.65. In addition, Senior Officer Sean Finn sold 700 shares in the company in a transaction on Friday March 19. The stock was sold at an average price of $ 146.69 for a total value of $ 102,680.90. Upon completion of the transaction, the Insider now holds 19,900 shares in the company valued at approximately $ 2,919,071.30. Over the past ninety days, insiders have sold 91,134 shares in the company, valued at $ 130,867,673.
Via the Canadian National Railway
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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