Canadian National Railway’s (CNR) Outperform Rating Reaffirmed at JPMorgan Chase & Co.

Canadian National Railway (TSE:CNR) (NYSE:CNI)‘s stock had its “outperform” rating reiterated by stock analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday,BayStreet.CA reports.

A number of other equities analysts also recently commented on CNR. TD Securities cut their price objective on shares of Canadian National Railway from C$180.00 to C$175.00 and set a “hold” rating for the company in a research report on Wednesday, October 23rd. UBS Group increased their price target on shares of Canadian National Railway from C$189.00 to C$190.00 in a report on Thursday, October 24th. Barclays lowered their price objective on Canadian National Railway from C$165.00 to C$162.00 and set a “hold” rating on the stock in a report on Wednesday, September 25th. Sanford C. Bernstein cut their target price on Canadian National Railway from C$179.00 to C$173.00 in a research note on Wednesday, October 9th. Finally, Evercore ISI raised Canadian National Railway from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eight have given a buy rating and four have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$171.07.

Canadian National Railway Stock Performance

Shares of CNR stock traded up C$1.85 during midday trading on Tuesday, hitting C$150.38. The company had a trading volume of 509,656 shares, compared to its average volume of 1,001,525. Canadian National Railway has a 52-week low of C$143.72 and a 52-week high of C$181.34. The company has a debt-to-equity ratio of 107.62, a current ratio of 0.63 and a quick ratio of 0.58. The company’s 50 day simple moving average is C$151.09 and its 200 day simple moving average is C$156.17. The stock has a market cap of C$94.66 billion, a price-to-earnings ratio of 17.86, a PEG ratio of 3.38 and a beta of 0.65.

Insiders Place Their Bets

In other Canadian National Railway news, Director David Lund Freeman bought 1,000 shares of the business’s stock in a transaction dated Thursday, October 24th. The shares were acquired at an average price of C$152.57 per share, with a total value of C$152,572.80. Also, Director Tracy Robinson purchased 3,300 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The shares were acquired at an average cost of C$147.99 per share, with a total value of C$488,380.20. Insiders have bought 6,694 shares of company stock valued at $1,005,958 in the last ninety days. Insiders own 2.64% of the company’s stock.

About Canadian National Railway

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.