Weekly Investment Analysts’ Ratings Changes for Canadian National Railway (CNR)

Canadian National Railway (TSE: CNR) recently received a number of ratings updates from brokerages and research firms:

• 10/24/2024 – Canadian National Railway had its price target raised by analysts at UBS Group AG from C$189.00 to C$190.00.
• 10/23/2024 – Canadian National Railway was upgraded by analysts at Veritas Corp from a “hold” rating to a “strong-buy” rating.
• 10/23/2024 – Canadian National Railway had its price target lowered by analysts at National Bankshares, Inc. from C$181.00 to C$178.00. They now have an “outperform” rating on the stock.
• 10/23/2024 – Canadian National Railway had its price target raised by analysts at Citigroup Inc. from C$125.00 to C$126.00. They now have a “neutral” rating on the stock.
• 10/23/2024 – Canadian National Railway had its price target lowered by analysts at TD Securities from C$180.00 to C$175.00. They now have a “hold” rating on the stock.
• 10/23/2024 – Canadian National Railway had its price target lowered by analysts at Desjardins from C$181.00 to C$180.00. They now have a “buy” rating on the stock.
• 10/23/2024 – Canadian National Railway had its price target raised by analysts at ATB Capital from C$167.00 to C$168.00.
• 10/10/2024 – Canadian National Railway was upgraded by analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating. They now have a C$179.00 price target on the stock, up previously from C$169.00.
• 10/9/2024 – Canadian National Railway was upgraded by analysts at Citigroup Inc. to a “hold” rating.
• 10/9/2024 – Canadian National Railway had its price target lowered by analysts at Sanford C. Bernstein from C$179.00 to C$173.00.
• 10/8/2024 – Canadian National Railway had its price target lowered by analysts at JPMorgan Chase & Co. from C$176.00 to C$169.00. They now have a “neutral” rating on the stock.
• 10/7/2024 – Canadian National Railway was upgraded by analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating.
• 9/30/2024 – Canadian National Railway had its price target raised by analysts at Royal Bank of Canada from C$160.00 to C$169.00. They now have a “sector perform” rating on the stock.
• 9/25/2024 – Canadian National Railway had its price target lowered by analysts at Barclays PLC from C$165.00 to C$162.00. They now have a “hold” rating on the stock.
• 9/12/2024 – Canadian National Railway had its price target lowered by analysts at ATB Capital from C$177.00 to C$167.00.
• 9/11/2024 – Canadian National Railway had its price target lowered by analysts at Royal Bank of Canada from C$169.00 to C$160.00. They now have a “sector perform” rating on the stock.
• 9/11/2024 – Canadian National Railway had its price target lowered by analysts at BMO Capital Markets from C$182.00 to C$178.00. They now have an “outperform” rating on the stock.
• 9/11/2024 – Canadian National Railway had its price target lowered by analysts at Raymond James from C$187.00 to C$180.00. They now have an “outperform” rating on the stock.
• 9/11/2024 – Canadian National Railway had its price target lowered by analysts at Scotiabank from C$187.00 to C$180.00. They now have an “outperform” rating on the stock.
• 9/11/2024 – Canadian National Railway had its price target lowered by analysts at CIBC from C$170.00 to C$160.00. They now have a “neutral” rating on the stock.
• 9/11/2024 – Canadian National Railway had its price target lowered by analysts at Desjardins from C$192.00 to C$181.00. They now have a “buy” rating on the stock.

Canadian National Railway Stock Performance

CNR stock remained flat at C$153.56 during mid-day trading on Wednesday. 161,600 shares of the company’s stock were exchanged, compared to its average volume of 1,102,387. The company has a debt-to-equity ratio of 107.62, a quick ratio of 0.58 and a current ratio of 0.63. The company’s fifty day moving average price is C$157.40 and its 200 day moving average price is C$163.61. Canadian National Railway has a 12 month low of C$145.98 and a 12 month high of C$181.34. The stock has a market cap of C$96.67 billion, a PE ratio of 18.24, a PEG ratio of 3.38 and a beta of 0.65.

Canadian National Railway Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be paid a dividend of $0.845 per share. This represents a $3.38 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Monday, December 9th. Canadian National Railway’s dividend payout ratio (DPR) is presently 40.14%.

Insider Buying and Selling at Canadian National Railway

In related news, Director Susan C. Jones acquired 1,230 shares of Canadian National Railway stock in a transaction that occurred on Tuesday, September 17th. The shares were purchased at an average cost of C$162.05 per share, for a total transaction of C$199,324.82. In other Canadian National Railway news, Director David Lund Freeman purchased 1,000 shares of the business’s stock in a transaction on Thursday, October 24th. The shares were bought at an average cost of C$152.57 per share, for a total transaction of C$152,572.80. Also, Director Susan C. Jones bought 1,230 shares of the firm’s stock in a transaction that occurred on Tuesday, September 17th. The shares were acquired at an average price of C$162.05 per share, with a total value of C$199,324.82. Insiders have bought 2,773 shares of company stock worth $437,437 in the last ninety days. 2.64% of the stock is owned by insiders.

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.