It Seems Canadian National Railway Company Will Go Down. Have Another Big Decline

 It Seems Canadian National Railway Company Will Go Down. Have Another Big Decline

The stock of Canadian National Railway Company (TSE:CNR) is a huge mover today! About 426,546 shares traded hands. Canadian National Railway Company (TSE:CNR) has risen 9.83% since March 14, 2016 and is uptrending. It has outperformed by 4.29% the S&P500.
The move comes after 8 months negative chart setup for the $68.14B company. It was reported on Oct, 19 by Barchart.com. We have $80.82 PT which if reached, will make TSE:CNR worth $5.45 billion less.

Canadian National Railway Company (TSE:CNR) Ratings Coverage

Out of 10 analysts covering Canadian National Railway (TSE:CNR), 6 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 60% are positive. Canadian National Railway has been the topic of 34 analyst reports since July 21, 2015 according to StockzIntelligence Inc. As per Tuesday, August 11, the company rating was downgraded by Raymond James. FirstEnergy Capital upgraded the stock to “Outperform” rating in Wednesday, January 27 report. TD Securities maintained Canadian National Railway Company (TSE:CNR) rating on Friday, October 7. TD Securities has “Hold” rating and $90 price target. The company was upgraded on Thursday, January 14 by Canaccord Genuity. The stock of Canadian National Railway Company (TSE:CNR) earned “Market Perform” rating by Raymond James on Wednesday, January 27.

More news for Canadian National Railway Company (TSE:CNR) were recently published by: Fool.com, which released: “Why You’re Right to Invest in Canadian National Railway Company Stock” on September 07, 2016. Fool.ca‘s article titled: “Does Canadian National Railway Company Fit in Your Portfolio?” and published on September 30, 2016 is yet another important article.

Canadian National Railway Co is engaged in the rail and related transportation business. The company has a market cap of $68.14 billion. The Company’s network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico. It has a 19.36 P/E ratio. The Company’s freight includes approximately seven commodity groups, such as petroleum and chemicals, metals and minerals, forest products, coal, grain and fertilizers, intermodal and automotive.

CNR.TO Company Profile

Canadian National Railway Company, incorporated on August 24, 1995, is engaged in the rail and related transportation business. The Company’s network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico. The Company’s network and connections to all Class I railroads provide its clients access to the approximately three North American Free Trade Agreement (NAFTA) nations. The Firm carries over 300 million tons of cargo, serving exporters, importers, retailers, farmers and manufacturers. The Company’s freight includes approximately seven commodity groups, such as petroleum and chemicals, metals and minerals, forest products, coal, grain and fertilizers, intermodal and automotive.

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