Can Canadian National Railway Company’s Tomorrow Be Different? The Stock Increases Again

 Can Canadian National Railway Company's Tomorrow Be Different? The Stock Increases Again

The stock of Canadian National Railway Company (TSE:CNR) is a huge mover today! About 94,951 shares traded hands. Canadian National Railway Company (TSE:CNR) has risen 7.58% since April 21, 2016 and is uptrending. It has outperformed by 2.17% the S&P500.
The move comes after 5 months positive chart setup for the $68.73 billion company. It was reported on Nov, 25 by Barchart.com. We have $97.64 PT which if reached, will make TSE:CNR worth $6.19 billion 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. Canadian National Railway has been the topic of 35 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Canadian National Railway Company (TSE:CNR) earned “Market Perform” rating by Raymond James on Wednesday, January 27. The firm has “Buy” rating by Canaccord Genuity given on Thursday, January 14. The rating was downgraded by Raymond James on Tuesday, August 11 to “Outperform”. The stock of Canadian National Railway Company (TSE:CNR) has “Outperform” rating given on Wednesday, October 26 by RBC Capital Markets. The rating was upgraded by FirstEnergy Capital on Wednesday, January 27 to “Outperform”. The stock of Canadian National Railway Company (TSE:CNR) has “Hold” rating given on Friday, October 7 by TD Securities.

More 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 the news titled: “Canadian Pacific Railway Limited Versus Canadian National Railway Company” on November 04, 2016. Fool.ca‘s news article titled: “Is it Time to Buy Canadian National Railway Company?” with publication date: October 31, 2016 was also an interesting one.

Canadian National Railway Co is engaged in the rail and related transportation business. The company has a market cap of $68.73 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 19.75 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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