In a new note to investors today, an analyst has provided a rating update for Canadian National Railway (CNR). The company received a Buy rating from Raymond James’ analyst Steve Hansen, with a C$135 price target.
Hansen has an average return of 14.4% when recommending Canadian National Railway.
According to TipRanks.com, Hansen is ranked #895 out of 5173 analysts.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian National Railway with a C$124.71 average price target.
The company has a one-year high of C$127.96 and a one-year low of C$96.46. Currently, Canadian National Railway has an average volume of 1.15M.
Canadian National Railway Co. is engages in rail and related transportation business. The company’s services include integrated transportation services: rail, intermodal, trucking, and supply chain services It offers movement of a diversified and balanced portfolio of goods including petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal and automotive. Canadian National Railway was founded on June 6, 1919 and is headquartered in Montreal, Canada.
The company’s shares closed on Wednesday at C$123, close to its 52-week high of C$127.96.
