In a new note to investors yesterday, an analyst has provided a rating update for Canadian National Railway (CNR). Analyst Steve Hansen from Raymond James reiterated a Buy rating, with a C$125 price target.
Hansen has an average return of 0.6% when recommending Canadian National Railway.
According to TipRanks.com, Hansen is ranked #3635 out of 5108 analysts.
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Canadian National Railway has an analyst consensus of Moderate Buy, with a price target consensus of C$123.43, implying a 18.1% upside from current levels. In a report issued on December 3, Deutsche Bank also maintained a Buy rating on the stock.
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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 1.32M.
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 Tuesday at C$104.52.
