Canadian National Railway (CNR), the Services sector company, was revisited by a Wall Street analyst yesterday. Analyst Turan Quettawala from Scotiabank reiterated a Buy rating, with a C$120 price target.
According to TipRanks.com, Quettawala is a 1-star analyst with an average return of -1.6% and a 51.5% success rate. Quettawala covers the Services sector, focusing on stocks such as WestJet Airlines Ltd, Union Pacific Corp, and Canadian Railway.
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Canadian National Railway has an analyst consensus of Moderate Buy, with a price target consensus of C$120.67, implying a 17.2% upside from current levels. In a report issued on January 3, Stephens also upgraded the stock to Buy.
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The company has a one-year high of C$118.62 and a one-year low of C$90.84. Currently, Canadian National Railway has an average volume of 1.46M.
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 Monday at C$103.
