Canadian National Railway (TSE:CNR) Price Target Increased to C$169.00 by Analysts at Royal Bank of Canada

Canadian National Railway (TSE:CNR – Free Report) (NYSE:CNI) had its price objective boosted by Royal Bank of Canada from C$160.00 to C$169.00 in a research note issued to investors on Monday, BayStreet.CA reports. Royal Bank of Canada currently has a sector perform rating on the stock. Other equities research analysts also recently issued reports about [...]

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Canadian National Railway ( TSE:CNR – Free Report ) (NYSE:CNI) had its price objective boosted by Royal Bank of Canada from C$160.00 to C$169.00 in a research note issued to investors on Monday, BayStreet.

CA reports. Royal Bank of Canada currently has a sector perform rating on the stock. Other equities research analysts also recently issued reports about the stock.



CIBC cut their target price on shares of Canadian National Railway from C$170.00 to C$160.00 and set a neutral rating on the stock in a research report on Wednesday, September 11th.

Raymond James dropped their price target on shares of Canadian National Railway from C$187.00 to C$180.00 and set an outperform rating on the stock in a research report on Wednesday, September 11th.

BMO Capital Markets dropped their price target on shares of Canadian National Railway from C$182.00 to C$178.00 and set an outperform rating on the stock in a research report on Wednesday, September 11th.

Scotiabank dropped their price target on shares of Canadian National Railway from C$187.00 to C$180.00 and set an outperform rating on the stock in a research report on Wednesday, September 11th.

Finally, Wells Fargo & Company upgraded shares of Canadian National Railway to a hold rating in a research report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Canadian National Railway currently has a consensus rating of Hold and an average price target of C$175.

36. Read Our Latest Research Report on Canadian National Railway Canadian National Railway Price Performance Canadian National Railway ( TSE:CNR – Get Free Report ) (NYSE:CNI) last posted its earnings results on Tuesday, July 23rd. The company reported C$1.

84 EPS for the quarter, missing the consensus estimate of C$1.93 by C($0.09).

Canadian National Railway had a return on equity of 27.41% and a net margin of 32.02%.

The business had revenue of C$4.33 billion for the quarter, compared to analyst estimates of C$4.40 billion.

Equities research analysts expect that Canadian National Railway will post 8.4685501 EPS for the current year. Canadian National Railway Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th.

Shareholders of record on Friday, September 27th were paid a dividend of $0.845 per share. The ex-dividend date was Friday, September 6th.

This represents a $3.38 dividend on an annualized basis and a yield of ∞. Canadian National Railway’s dividend payout ratio (DPR) is presently 40.

14%. Insider Buying and Selling at Canadian National Railway In other news, Director Josephine Ann Marie Depass Olsovsky bought 2,610 shares of Canadian National Railway stock in a transaction dated Friday, July 26th. The stock was purchased at an average price of C$115.

29 per share, for a total transaction of C$300,906.90. In related news, Director Susan C.

Jones purchased 1,230 shares of the business’s stock in a transaction that occurred on Tuesday, September 17th. The shares were bought at an average cost of C$162.05 per share, with a total value of C$199,324.

82. Also, Director Josephine Ann Marie Depass Olsovsky purchased 2,610 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The stock was bought at an average cost of C$115.

29 per share, for a total transaction of C$300,906.90. In the last 90 days, insiders acquired 4,383 shares of company stock worth $585,772.

1.69% of the stock is owned by corporate insiders. Canadian National Railway Company Profile ( Get Free Report ) 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. See Also Receive News & Ratings for Canadian National Railway Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian National Railway and related companies with MarketBeat.com's FREE daily email newsletter .

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