Director of Canadian National Railway Purchases Stock Worth C$91,308

On March 26th, the Director of Canadian National Railway (TSE:CNR) Shauneen Elizabeth Bruder made a notable purchase of 645 shares of the company. The shares were bought at an average price of C$141.56, bringing the total investment to C$91,308.14.

Recent Stock Performance of Canadian National Railway

During mid-day trading on Thursday, shares of Canadian National Railway experienced a minor decline of C$0.14, bringing the stock price to C$142.70. The trading volume reached 1,159,963 shares, lower than the average volume of 1,281,763 shares. The current 50-day simple moving average of the stock is C$145.17, with the 200-day moving average at C$150.51. The company's market capitalization stands at C$89.41 billion, with a price-to-earnings ratio of 15.43, a P/E/G ratio of 3.38, and a beta of 0.65. In the past year, the stock has seen a low of C$135.06 and a high of C$180.12. Other financial indicators include a debt-to-equity ratio of 107.59, a quick ratio of 0.58, and a current ratio of 0.64.

Analyst Opinions on CNR

Various research firms have recently provided their insights on Canadian National Railway. Notably, JPMorgan Chase & Co. reaffirmed an "outperform" rating for the shares on January 7th. Scotiabank reduced its price target from C$180.00 to C$178.00 as per a report on January 30th. CIBC also decreased its price objective from C$162.00 to C$157.00 and maintained a "neutral" rating. Loop Capital gave a stark downgrade from a "hold" to a "strong sell" rating on February 3rd. Meanwhile, Barclays revised its target price, lowering it from C$162.00 to C$160.00 on January 17th. Among the analysts, there is one sell rating, four hold ratings, nine buy ratings, and four strong buy ratings, indicating an average rating of "Moderate Buy" along with an average price target of C$170.43.

Explore Our Latest Stock Analysis on CNR

Overview of Canadian National Railway

Canadian National Railway operates a vast railway network that stretches from the east to the west coast of Canada and further extends through Chicago down to the Gulf of Mexico. In 2019, the company transported nearly six million carloads across its 19,600 miles of track, generating approximately CAD 14 billion in total revenue. Its revenue comes from diverse sectors, including intermodal containers (25%), petroleum and chemicals (21%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (6%), and coal (4%).

Additional Topics of Interest

• Five stocks we like better than Canadian National Railway
• EV Stocks and How to Profit from Them
• Penny Stock Surge: Rises 70% - 1 Reason to Buy, 5 to Sell
• How to Use High Beta Stocks to Maximize Your Investing Profits
• Top 3 Beverage Stocks Pouring Out Profits
• What Are Growth Stocks and How to Invest in Them
• CarMax and Carvana: Steering the Used Car Market

This summary has been created utilizing automated data analysis and reporting techniques to provide a clear and concise update on recent developments regarding Canadian National Railway.

Should You Consider Investing in Canadian National Railway?

If you are contemplating an investment in Canadian National Railway, it might be valuable to consider market insights.

Market analysts have highlighted several top-performing stocks and are recommending them over Canadian National Railway. While the stock holds a "Moderate Buy" rating, there are five other stocks that analysts believe present better investment opportunities.

Find Out More About These Stocks

investment, stocks, railway