Credit Suisse Sticks to Its Buy Rating for Canadian Railway (CNI)


Credit Suisse analyst Allison Landry maintained a Buy rating on Canadian Railway (CNI) today and set a price target of $86.00. The company’s shares closed last Tuesday at $83.05.

According to TipRanks.com, Landry is a 5-star analyst with an average return of 9.5% and a 60.6% success rate. Landry covers the Services sector, focusing on stocks such as Echo Global Logistics, Knight Transportation, and Kansas City Southern.

Canadian Railway has an analyst consensus of Hold, with a price target consensus of $84.38, which is a 1.3% upside from current levels. In a report released today, Cowen & Co. also maintained a Buy rating on the stock with a $85.00 price target.

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The company has a one-year high of $96.53 and a one-year low of $65.13. Currently, Canadian Railway has an average volume of 1.24M.

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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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