Canadian Railway (CNI) Gets a Buy Rating from Raymond James


According to The Fly, in a report released yesterday, Steve Hansen from Raymond James reiterated a Buy rating on Canadian Railway (CNI). The company’s shares opened today at $78.03.

Hansen has an average return of 4.1% when recommending Canadian Railway.

According to TipRanks.com, Hansen is ranked #3635 out of 5108 analysts.

Currently, the analyst consensus on Canadian Railway is a Moderate Buy with an average price target of $105.43, representing a 35.1% upside. In a report issued on December 3, Deutsche Bank also maintained a Buy rating on the stock with a $101 price target.

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The company has a one-year high of $91.90 and a one-year low of $70.59. Currently, Canadian Railway has an average volume of 1.22M.

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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.

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