Canadian Railway (CNI) Gets a Hold Rating from Wells Fargo


Wells Fargo analyst Allison Poliniak maintained a Hold rating on Canadian Railway (CNI) on December 6. The company’s shares closed last Monday at $89.70.

According to TipRanks.com, Poliniak is a 3-star analyst with an average return of 3.7% and a 55.6% success rate. Poliniak covers the Services sector, focusing on stocks such as Anixter International, Kansas City Southern, and Wesco International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian Railway with a $96.78 average price target, an 8.8% upside from current levels. In a report issued on December 3, RBC Capital also maintained a Hold rating on the stock with a C$119.00 price target.

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Canadian Railway’s market cap is currently $64.16B and has a P/E ratio of 19.19. The company has a Price to Book ratio of 4.60.

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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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