Analysts Coverage Change:
- Stephens maintains an “Equal-Weight” rating for Canadian National Railway (CNI:NYE) and raises the target to $124 from $122.
- Credit Suisse maintains a “Neutral” rating and raises the target to $133 from $126.
- TD Securities maintains a “Buy” rating and a target of $140.
- Barclays maintains an “Equal-Weight” rating and raises the target to $130 from $126.
- Susquehanna International Group maintains a “Neutral” rating and raises the target to $116 from $114.
Canadian National Railway Co Stock Forecast:
Canadian National Railway Co is a publicly traded company that operates a rail network in Canada and the United States. The average analyst target price for the company over the next 12 months is USD 126.33, according to the forecasts of 21 analysts. This means that, on average, these analysts predict the stock price of Canadian National Railway Co will reach USD 126.33 within the next year.
It’s important to note that the average analyst rating for Canadian National Railway Co is not provided, so it’s unclear how bullish or bearish the consensus opinion on the stock is among analysts. However, the stock analysis provided by Stock Target Advisor is bullish, with 10 positive signs and 4 negative signals. This suggests that, according to their analysis, there are more positive indicators for the stock than negative ones.
At the time of the previous close, which is the end of the most recent trading day, the stock price of Canadian National Railway Co was USD 124.40. Over the last week, the stock price has moved up by +1.63%, which indicates that the stock has experienced a slight increase in value. Over the last month, the stock price has risen by +9.43%, which suggests that the stock has been performing well in the short term. Finally, over the last year, the stock price has moved up by +0.82%, which indicates that the stock has experienced only a slight increase in value over a longer period of time.
About Canadian National Railway:
Canadian National Railway Company and its subsidiaries operate in the rail and associated transportation industries. Intermodal services include temperature controlled cargo, port partnership, transloading and distribution, logistic parks, customs brokerage, trucking, and moving grains in containers. It also offers door-to-door services, import and export dray, interline services, and specialized services such as flatbed trucks, on-deck mobile transport trays, expedited and temperature controlled cargo, and permit/overweight services, as well as supply chain services. It also services the automotive, coal, fertilizer, temperature-controlled cargo, forest products, timber, grain, metal and minerals, petroleum and chemicals, and consumer goods industries. Furthermore, the business
FA Score (Fundamental Analysis):
The fundamental analysis of Canadian National Railway is “Bullish” with a FA score of 7.1 out of 10, where 0 is very bearish and 10 is very bullish.