Canadian National Railway (TSE:CNR) Director Buys C$91,308.14 in Stock

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

Canadian National Railway Stock Down 2.2 %

Shares of CNR opened at C$139.52 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.64 and a debt-to-equity ratio of 107.59. The company has a 50-day moving average price of C$144.94 and a two-hundred day moving average price of C$150.19. The stock has a market cap of C$87.41 billion, a price-to-earnings ratio of 15.08, a P/E/G ratio of 3.38 and a beta of 0.65. Canadian National Railway has a 12 month low of C$135.06 and a 12 month high of C$180.12.

Analysts Set New Price Targets

CNR has been the subject of a number of recent analyst reports. Barclays decreased their price target on shares of Canadian National Railway from C$162.00 to C$160.00 in a report on Friday, January 17th. CIBC decreased their target price on Canadian National Railway from C$162.00 to C$157.00 and set a “neutral” rating for the company in a research note on Tuesday, March 25th. Evercore ISI raised Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 19th. Loop Capital lowered Canadian National Railway from a “hold” rating to a “strong sell” rating in a report on Monday, February 3rd. Finally, Scotiabank reduced their price target on shares of Canadian National Railway from C$180.00 to C$178.00 in a report on Thursday, January 30th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, nine have given a buy rating and four have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$170.43.

About Canadian National Railway

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%).