Raymond James analyst Steve Hansen maintained a Hold rating on Canadian National Railway (CNI – Research Report) today and set a price target of C$175.00. The company’s shares closed last Thursday at $121.19.
Hansen has an average return of 7.4% when recommending Canadian National Railway.
According to TipRanks.com, Hansen is ranked #2909 out of 7888 analysts.
Currently, the analyst consensus on Canadian National Railway is a Moderate Buy with an average price target of $129.28, representing a 6.8% upside. In a report issued on April 14, CIBC also maintained a Hold rating on the stock with a C$169.00 price target.
Canadian National Railway’s market cap is currently $84.84B and has a P/E ratio of 22.01.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CNI in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Founded in 1919, Canadian National Railway Co. is a Canada-based company which is engaged in rail and related transportation business. Its services include rail, intermodal, trucking, supply chain services, business development, and maps and network. The company offers its services in industries including automotive; coal; fertilizer; food and beverages; forest products; dimensional loads; grain; metals and minerals; and petroleum and chemicals.
Read More on CNI: