Zacks Rating on Canadian National Railway Company (CNI)

Canadian National Railway Company (CNI) : 16 analysts are covering Canadian National Railway Company (CNI) and their average rating on the stock is 2.81, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Canadian National Railway Company (CNI) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 12 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Canadian National Railway Company (CNI) : Currently there are 11 street experts covering Canadian National Railway Company (CNI) stock. The most bullish and bearish price target for the stock is $70 and $50 respectively for the short term. The average price target of all the analysts comes to $63.34. The estimated standard deviation from the target is $5.96.


Shares of Canadian National Railway Company rose by 2.71% in the last five trading days and 2.66% for the last 4 weeks. Canadian National Railway Company is up 12.41% in the last 3-month period. Year-to-Date the stock performance stands at 17.73%. Canadian National Railway Company (NYSE:CNI): stock turned positive on Tuesday. Though the stock opened at $65.27, the bulls momentum made the stock top out at $65.4 level for the day. The stock recorded a low of $64.74 and closed the trading day at $65.16, in the green by 0.37%. The total traded volume for the day was 510,450. The stock had closed at $64.92 in the previous days trading.

Canadian National Railway Company (CN) is engaged in the rail and related transportation business. CNs network and connections to all Class I railroads provide its customers with access to all three North American Free Trade Agreement (NAFTA) nations. CN derives its freight revenue from seven commodity groups representing a portfolio of goods transported between a range of origins and destinations. The Companys network of approximately 20,000 route miles of track spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans and Mobile (Alabama), and the metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth (Minnesota)/Superior (Wisconsin), Green Bay (Wisconsin), Minneapolis/St. Paul, Memphis, and Jackson (Mississippi), with connections to all points in North America.

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