Canadian Railway (CNI) Receives a Hold from Raymond James


Raymond James analyst Steve Hansen maintained a Hold rating on Canadian Railway (CNI) today and set a price target of C$115.00. The company’s shares closed last Tuesday at $82.42.

Hansen has an average return of 7.7% when recommending Canadian Railway.

According to TipRanks.com, Hansen is ranked #5672 out of 6517 analysts.

Currently, the analyst consensus on Canadian Railway is a Hold with an average price target of $83.65, a 0.5% upside from current levels. In a report issued on April 14, Wells Fargo also maintained a Hold rating on the stock with a $85.00 price target.

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Canadian Railway’s market cap is currently $57.45B and has a P/E ratio of 17.50. The company has a Price to Book ratio of 4.45.

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Canadian National Railway Co. engages in rail and related transportation business. Its services include rail, intermodal, trucking, supply chain services, business development, and maps and network. The firm offers their services in automotive; coal; fertilizer; food and beverages; forest products; dimensional loads; grain; metals and minerals; and petroleum and chemicals industries. The company was founded on June 6, 1919 and is headquartered in Montreal, Canada.

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