Several other analysts have also recently commented on CNI. Wells Fargo & Company raised Canadian National Railway from an "equal weight" rating to an "overweight" rating and set a $125.00 price target for the company in a report on Monday, October 7th. Stephens reissued an "equal weight" rating and issued a $116.00 target price on shares of Canadian National Railway in a report on Wednesday, October 23rd. Royal Bank of Canada upgraded shares of Canadian National Railway from a "sector perform" rating to an "outperform" rating in a research report on Thursday, October 10th. Veritas upgraded shares of Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, October 23rd. Finally, Bank of America lowered shares of Canadian National Railway from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $129.00 to $122.00 in a research report on Friday, October 4th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating, four have assigned a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, Canadian National Railway has a consensus rating of "Hold" and a consensus target price of $125.86.

View Our Latest Stock Analysis on CNI

NYSE:CNI opened at $101.17 on Thursday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.64 and a quick ratio of 0.49. The firm has a market cap of $63.65 billion, a price-to-earnings ratio of 16.21, a price-to-earnings-growth ratio of 2.43 and a beta of 0.89. The firm's fifty day moving average price is $109.36 and its 200 day moving average price is $114.54. Canadian National Railway has a 1-year low of $99.90 and a 1-year high of $134.02.

Canadian National Railway (NYSE:CNI - Get Free Report) TSE: CNR last issued its earnings results on Tuesday, October 22nd. The transportation company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.02. The business had revenue of $4.11 billion for the quarter, compared to the consensus estimate of $4.08 billion. Canadian National Railway had a net margin of 31.65% and a return on equity of 23.62%. The business's quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.26 earnings per share. On average, sell-side analysts expect that Canadian National Railway will post 5.31 EPS for the current year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in CNI. Principal Financial Group Inc. boosted its position in Canadian National Railway by 29.6% during the 3rd quarter. Principal Financial Group Inc. now owns 92,300 shares of the transportation company's stock worth $10,820,000 after purchasing an additional 21,100 shares during the period. Synovus Financial Corp boosted its position in shares of Canadian National Railway by 82.3% in the third quarter. Synovus Financial Corp now owns 13,873 shares of the transportation company's stock worth $1,625,000 after buying an additional 6,261 shares during the period. Wilmington Savings Fund Society FSB grew its stake in shares of Canadian National Railway by 115.2% in the third quarter. Wilmington Savings Fund Society FSB now owns 4,382 shares of the transportation company's stock valued at $513,000 after buying an additional 2,346 shares in the last quarter. SkyView Investment Advisors LLC raised its holdings in shares of Canadian National Railway by 5.0% during the 3rd quarter. SkyView Investment Advisors LLC now owns 40,218 shares of the transportation company's stock valued at $4,712,000 after buying an additional 1,903 shares during the period. Finally, Advisory Resource Group raised its holdings in shares of Canadian National Railway by 13.4% during the 3rd quarter. Advisory Resource Group now owns 8,391 shares of the transportation company's stock valued at $983,000 after buying an additional 989 shares during the period. 80.74% of the stock is currently owned by institutional investors and hedge funds.

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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