In a latest note to investors, a research analyst has provided a rating update for the Canadian National Railway (CNR). BMO Capital’s analyst Fadi Chamoun reiterates their Hold rating on the shares today.
According to TipRanks.com, Chamoun is a top 100 analyst with an average return of 18.0% and a 81.2% success rate. Chamoun covers the Services sector, focusing on stocks such as WestJet Airlines Ltd, Kansas City Southern, and Union Pacific Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian National Railway with a C$124.25 average price target.
Canadian National Railway’s market cap is currently C$82.49B and has a P/E ratio of 14.5. The company has a Price to Book ratio of 4.69.
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$112.90.