Canadian National Railway (TSE:CNR) Director Shauneen Elizabeth Bruder Buys 645 Shares

Canadian National Railway (TSE:CNR) (NYSE:CNI) Director Shauneen Elizabeth Bruder bought 645 shares of the company’s stock in a transaction that occurred on Wednesday, March 26th. The stock was acquired at an average price of C$141.56 per share, for a total transaction of C$91,308.14.

Canadian National Railway Price Performance

Canadian National Railway stock opened at C$142.70 on Friday. The firm has a market cap of C$89.41 billion, a PE ratio of 15.43, a price-to-earnings-growth ratio of 3.38 and a beta of 0.65. The company has a debt-to-equity ratio of 107.59, a current ratio of 0.64 and a quick ratio of 0.58. The stock’s fifty day moving average price is C$145.09 and its two-hundred day moving average price is C$150.40. Canadian National Railway has a one year low of C$135.06 and a one year high of C$180.12.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on CNR shares. Barclays decreased their target price on Canadian National Railway from C$162.00 to C$160.00 in a research report on Friday, January 17th. TD Securities upgraded shares of Canadian National Railway from a “hold” rating to a “buy” rating and cut their price target for the company from C$175.00 to C$170.00 in a report on Monday, January 13th. Scotiabank cut their price objective on Canadian National Railway from C$180.00 to C$178.00 in a research note on Thursday, January 30th. CIBC cut their target price on shares of Canadian National Railway from C$162.00 to C$157.00 and set a “neutral” rating for the company in a research report on Tuesday. Finally, JPMorgan Chase & Co. reissued an “outperform” rating on shares of Canadian National Railway in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, nine have given a buy rating and four have assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$170.43.

Canadian National Railway Company Profile

Canadian National’s railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2019, CN delivered almost 6 million carloads over its 19,600 miles of track. CN generated roughly CAD 14 billion in total revenue by hauling intermodal containers (25% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (6%), and coal (4%).