BMO Capital Markets reiterated their market perform rating on shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) in a research report report published on Thursday. BMO Capital Markets currently has a C$122.00 price target on the stock.

Other equities analysts also recently issued research reports about the company. Desjardins lifted their price target on Canadian National Railway from C$118.00 to C$121.00 in a research note on Wednesday, July 25th. Morgan Stanley lifted their price target on Canadian National Railway from C$106.00 to C$116.00 in a research note on Wednesday, July 25th. National Bank Financial lifted their price target on Canadian National Railway from C$107.00 to C$111.00 and gave the company a sector perform rating in a research note on Wednesday, July 25th. Raymond James lifted their price target on Canadian National Railway from C$116.00 to C$120.00 and gave the company an outperform rating in a research note on Wednesday, July 25th. Finally, CIBC lifted their price target on Canadian National Railway from C$115.00 to C$116.00 in a research note on Wednesday, July 25th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of C$116.46.

Shares of CNR opened at C$113.17 on Thursday. The company has a current ratio of 0.64, a quick ratio of 0.33 and a debt-to-equity ratio of 68.36. Canadian National Railway has a one year low of C$90.84 and a one year high of C$118.62.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 28th. Shareholders of record on Friday, December 7th will be paid a dividend of $0.455 per share. The ex-dividend date of this dividend is Thursday, December 6th. This represents a $1.82 dividend on an annualized basis and a yield of 1.61%. Canadian National Railway’s dividend payout ratio (DPR) is currently 23.61%.

In other Canadian National Railway news, insider Sean Finn sold 13,211 shares of Canadian National Railway stock in a transaction that occurred on Tuesday, September 11th. The shares were sold at an average price of C$114.11, for a total transaction of C$1,507,507.21. Also, insider Kimberley A. Madigan sold 900 shares of Canadian National Railway stock in a transaction that occurred on Thursday, September 20th. The stock was sold at an average price of C$88.02, for a total transaction of C$79,218.00. Insiders have sold a total of 27,145 shares of company stock valued at $3,059,297 in the last quarter.

Canadian National Railway Company Profile

Canadian National Railway Company engages in rail and related transportation business. The company transports cargo serving exporters, importers, retailers, farmers, and manufacturers. It operates a network of approximately 20,000 route miles of track spans Canada and mid-America connecting the Atlantic, the Pacific, and the Gulf of Mexico.

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Analyst Recommendations for Canadian National Railway (TSE:CNR)

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