A Wall Street analyst has provided a review for the Services company today, but retained the same rating on the stock. Analyst Fadi Chamoun from BMO Capital rated Canadian National Railway (CNR) a Hold, setting a C$116 price target.
According to TipRanks.com, Chamoun is a top 100 analyst with an average return of 16.6% and a 83.0% success rate. Chamoun covers the Services sector, focusing on stocks such as Canadian Railway, Canadian Pacific, and Air Canada.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian National Railway with a C$121 average price target, which is a 10.3% upside from current levels. In a report released yesterday, Macquarie also downgraded the stock to Hold.
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The company has a one-year high of C$118.62 and a one-year low of C$90.84. Currently, Canadian National Railway has an average volume of 1.29M.
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 Thursday at C$109.69.
