Cowen & Co. analyst Jason Seidl maintained a Buy rating on Canadian Railway (CNI) yesterday and set a price target of $95. The company’s shares closed yesterday at $92.78, close to its 52-week high of $94.63.
According to TipRanks.com, Seidl is a top 100 analyst with an average return of 16.8% and a 74.7% 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 Moderate Buy, with a price target consensus of $101, which is an 8.9% upside from current levels. In a report issued on April 16, Raymond James also reiterated a Buy rating on the stock.
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Canadian Railway’s market cap is currently $67.29B and has a P/E ratio of 20.42. The company has a Price to Book ratio of 5.21.
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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.
