Could Canadian National Railway Company Rise Even More? The Stock Had Another Big Increase Today

 Could Canadian National Railway Company Rise Even More? The Stock Had Another Big Increase Today

The stock of Canadian National Railway Company (TSE:CNR) is a huge mover today! About 187,849 shares traded hands. Canadian National Railway Company (TSE:CNR) has risen 6.24% since April 8, 2016 and is uptrending. It has outperformed by 1.25% the S&P500.
The move comes after 7 months positive chart setup for the $64.98 billion company. It was reported on Nov, 14 by Barchart.com. We have $109.36 PT which if reached, will make TSE:CNR worth $17.54B more.

Canadian National Railway Company (TSE:CNR) Ratings Coverage

Out of 11 analysts covering Canadian National Railway (TSE:CNR), 7 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 64% are positive. $95 is the highest target while $72 is the lowest. The $84.27 average target is -2.14% below today’s ($86.11) stock price. Canadian National Railway has been the topic of 35 analyst reports since July 21, 2015 according to StockzIntelligence Inc. RBC Capital Markets initiated the stock with “Outperform” rating in Wednesday, October 26 report. TD Securities maintained Canadian National Railway Company (TSE:CNR) on Friday, October 7 with “Hold” rating. As per Wednesday, January 27, the company rating was upgraded by FirstEnergy Capital. The stock of Canadian National Railway Company (TSE:CNR) has “Market Perform” rating given on Wednesday, January 27 by Raymond James. The stock of Canadian National Railway Company (TSE:CNR) has “Outperform” rating given on Tuesday, August 11 by Raymond James. The stock has “Buy” rating given by Canaccord Genuity on Thursday, January 14.

More important recent Canadian National Railway Company (TSE:CNR) news were published by: Fool.ca which released: “Why Bill Gates Loves Canadian National Railway Company” on October 26, 2016, also Fool.ca published article titled: “Canadian Pacific Railway Limited Versus Canadian National Railway Company”, Fool.ca published: “Is it Time to Buy Canadian National Railway Company?” on October 31, 2016. More interesting news about Canadian National Railway Company (TSE:CNR) was released by: Equitiesfocus.com and their article: “Canadian National Railway Company (NYSE:CNI) Fixes Dividend Payout At $0.28” with publication date: November 13, 2016.

Canadian National Railway Co is engaged in the rail and related transportation business. The company has a market cap of $64.98 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 18.99 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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