By otakuyassine3@gmail.com 
Canadian National Railway (NYSE:CNI – Get Free Report) (TSE:CNR) had its price target reduced by analysts at Barclays from $112.00 to $104.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the transportation company’s stock. Barclays‘s target price indicates a potential upside of 5.86% from the company’s current price.
Several other research analysts have also issued reports on CNI. Bank of America reduced their price target on Canadian National Railway from $119.00 to $112.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 8th. Loop Capital cut shares of Canadian National Railway from a “hold” rating to a “sell” rating in a research report on Monday, February 3rd. Jefferies Financial Group raised shares of Canadian National Railway from a “hold” rating to a “buy” rating and set a $120.00 price target for the company in a report on Friday, January 10th. Evercore ISI raised Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 19th. Finally, Royal Bank of Canada decreased their target price on Canadian National Railway from $174.00 to $171.00 and set an “outperform” rating for the company in a research note on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, seven have assigned a buy rating and four have given a strong buy rating to the company. According to MarketBeat, Canadian National Railway presently has an average rating of “Moderate Buy” and an average price target of $123.36.
Check Out Our Latest Analysis on Canadian National Railway
Canadian National Railway Trading Down 2.0 %
CNI stock opened at $98.24 on Wednesday. The company has a quick ratio of 0.48, a current ratio of 0.66 and a debt-to-equity ratio of 0.94. Canadian National Railway has a twelve month low of $93.64 and a twelve month high of $132.27. The company has a market cap of $61.74 billion, a P/E ratio of 19.19, a PEG ratio of 1.95 and a beta of 0.91. The business has a fifty day moving average of $100.64 and a 200-day moving average of $106.11.
Canadian National Railway (NYSE:CNI – Get Free Report) (TSE:CNR) last released its earnings results on Thursday, January 30th. The transportation company reported $1.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.09). Canadian National Railway had a net margin of 26.09% and a return on equity of 22.48%. As a group, equities research analysts expect that Canadian National Railway will post 5.52 EPS for the current year.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the business. Quintet Private Bank Europe S.A. acquired a new stake in Canadian National Railway in the 4th quarter valued at $25,000. Arlington Trust Co LLC bought a new position in shares of Canadian National Railway in the 4th quarter valued at about $30,000. Lee Danner & Bass Inc. acquired a new stake in shares of Canadian National Railway in the fourth quarter valued at about $30,000. Addison Advisors LLC raised its holdings in Canadian National Railway by 80.2% during the fourth quarter. Addison Advisors LLC now owns 319 shares of the transportation company’s stock worth $32,000 after acquiring an additional 142 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in Canadian National Railway by 48.2% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 332 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 108 shares during the last quarter. Institutional investors and hedge funds own 80.74% of the company’s stock.
About Canadian National Railway
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.
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