Canadian National Railway (CNR) Receives a New Rating from a Top Analyst


Today, an analyst has provided a rating update for the Services sector company, Canadian National Railway (TSX: CNR). The company recieved Hold from BMO Capital’s analyst Fadi Chamoun.

According to TipRanks.com, Chamoun is a top 100 analyst with an average return of 21.6% and a 87.2% success rate. Chamoun covers the Services sector, focusing on stocks such as Canadian Railway, Norfolk Southern, and United Parcel.

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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$121 average price target.

The company has a one-year high of C$118.29 and a one-year low of C$90.84. Currently, Canadian National Railway has an average volume of 946.5K.

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$113.96, close to its 52-week high of C$118.29.

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