Susquehanna Lowers Canadian National Railway (NYSE:CNI) Price Target to $113.00

Canadian National Railway (NYSE:CNI) (TSE:CNR) had its price objective decreased by equities research analysts at Susquehanna from $115.00 to $113.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the transportation company’s stock. Susquehanna’s price target would indicate a potential upside of 16.03% from the stock’s previous close.

Other analysts have also issued research reports about the stock. JPMorgan Chase & Co. raised shares of Canadian National Railway from a “neutral” rating to an “overweight” rating in a report on Tuesday, January 7th. Jefferies Financial Group upgraded Canadian National Railway from a “hold” rating to a “buy” rating and set a $120.00 target price for the company in a research report on Friday, January 10th. Stifel Nicolaus raised their price target on Canadian National Railway from $120.00 to $125.00 and gave the company a “buy” rating in a report on Friday, January 31st. Barclays dropped their price objective on Canadian National Railway from $121.00 to $112.00 and set an “equal weight” rating for the company in a report on Friday, January 17th. Finally, Royal Bank of Canada reduced their target price on shares of Canadian National Railway from $174.00 to $171.00 and set an “outperform” rating on the stock in a research note on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have assigned a buy rating and four have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $124.02.

Canadian National Railway Price Performance

Canadian National Railway stock opened at $97.39 on Thursday. Canadian National Railway has a 52 week low of $93.64 and a 52 week high of $132.27. The firm has a market cap of $61.20 billion, a P/E ratio of 19.02, a P/E/G ratio of 1.95 and a beta of 0.91. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.48 and a current ratio of 0.66. The business’s fifty day moving average is $101.07 and its two-hundred day moving average is $106.64.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its quarterly earnings results on Thursday, January 30th. The transportation company reported $1.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.39 by ($0.09). Canadian National Railway had a return on equity of 22.48% and a net margin of 26.09%. Equities research analysts forecast that Canadian National Railway will post 5.52 earnings per share for the current fiscal year.

Institutional Trading of Canadian National Railway

A number of large investors have recently made changes to their positions in the company. Quintet Private Bank Europe S.A. bought a new position in Canadian National Railway during the fourth quarter worth about $25,000. Arlington Trust Co LLC bought a new position in shares of Canadian National Railway during the 4th quarter valued at about $30,000. Lee Danner & Bass Inc. bought a new position in shares of Canadian National Railway during the 4th quarter valued at about $30,000. Addison Advisors LLC increased its stake in Canadian National Railway by 80.2% during the 4th quarter. Addison Advisors LLC now owns 319 shares of the transportation company’s stock worth $32,000 after purchasing an additional 142 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in Canadian National Railway by 48.2% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 332 shares of the transportation company’s stock worth $34,000 after buying an additional 108 shares during the period. Institutional investors own 80.74% 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.