Cowen & Co. Remains a Buy on Canadian Railway (CNI)


In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on Canadian Railway (CNI), with a price target of $95. The company’s shares opened today at $90.83.

According to TipRanks.com, Seidl is a top 100 analyst with an average return of 15.1% and a 71.2% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian Railway with a $101 average price target, representing an 11.2% upside. In a report released today, Raymond James also maintained a Buy rating on the stock.

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The company has a one-year high of $95.08 and a one-year low of $70.36. Currently, Canadian Railway has an average volume of 918.3K.

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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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