Impact of Brokerage Rating on Canadian National Railway Company(CNI)

Many Canadian National Railway Company(CNI) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Canadian National Railway (USA) was Upgraded by BofA/Merrill to Neutral on Jan 12, 2017. Canadian National Railway (USA) was Upgraded by Raymond James to Outperform on Jan 4, 2017.

Canadian National Railway (USA) Last issued its quarterly earnings results on Jan 24, 2017. The company reported $1.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $1.21. The company had revenue of $3217.00 million for the quarter, compared to analysts expectations of $3239.19 million. The companys revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.18 EPS.

Canadian National Railway Company (NYSE:CNI) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.8 by 15 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 13 Brokerage Firms have advised hold.

Canadian National Railway Company (NYSE:CNI): According to 13 Analysts, The short term target price has been estimated at $ 68.7.The target price could deviate by a maximum of $6.4 from the forecast price. In the near term, the target price could hit a high of $75 and a low of $ 50.

Canadian National Railway Company (NYSE:CNI) rose 0.07% or 0.05 points on Tuesday and made its way into the gainers of the day. After trading began at $71.32 the stock was seen hitting $71.55 as a peak level and $71.06 as the lowest level. The stock ended up at $71.53. The daily volume was measured at 645,523 shares. The 52-week high of the share price is $71.57 and the 52-week low is $54.6. The company has a market cap of $54,648 million.

Canadian National Railway Company, a Canadian corporation, operates the larger of Canadas two principal railroads and the only coast-to-coast railroad network in North America. The companys rail network serves major ports in Canada and includes strategic connections to the United States through the Chicago gateway, Detroit and other major cities.

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