RBC Capital Sticks to Their Hold Rating for Canadian Railway (CNI)


In a report released today, Walter Spracklin from RBC Capital maintained a Hold rating on Canadian Railway (CNI), with a price target of $112.00. The company’s shares closed last Monday at $80.69.

According to TipRanks.com, Spracklin is a 5-star analyst with an average return of 9.9% and a 63.1% success rate. Spracklin covers the Services sector, focusing on stocks such as Republic Services, Waste Connections, and TFI International.

Canadian Railway has an analyst consensus of Moderate Buy, with a price target consensus of $86.17, representing a 8.0% upside. 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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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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