Canadian Railway (CNI) Receives a Rating Update from a Top Analyst


Cowen & Co. analyst Jason Seidl reiterated a Buy rating on Canadian Railway (NYSE: CNI) today and set a price target of $98. The company’s shares closed yesterday at $86.15.

According to TipRanks.com, Seidl is a top 100 analyst with an average return of 19.9% and a 74.3% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.

Canadian Railway has an analyst consensus of Hold, with a price target consensus of $92.75.

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The company has a one-year high of $90.57 and a one-year low of $70.59. Currently, Canadian Railway has an average volume of 931.8K.

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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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