Canadian National Railway (TSE:CNR) Director Josephine Ann Marie Depass Olsovsky Buys 1,786 Shares of Stock

Canadian National Railway (TSE:CNR) (NYSE:CNI) Director Josephine Ann Marie Depass Olsovsky acquired 1,786 shares of the business’s stock in a transaction on Wednesday, November 6th. The stock was acquired at an average price of C$154.93 per share, with a total value of C$276,697.30.

Canadian National Railway Trading Up 3.7 %

TSE:CNR opened at C$156.45 on Thursday. The stock has a fifty day moving average price of C$157.08 and a 200 day moving average price of C$162.62. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 107.62. Canadian National Railway has a 12-month low of C$149.22 and a 12-month high of C$181.34. The firm has a market cap of C$98.49 billion, a PE ratio of 18.58, a price-to-earnings-growth ratio of 3.38 and a beta of 0.65.

Canadian National Railway Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be issued a $0.845 dividend. The ex-dividend date of this dividend is Monday, December 9th. This represents a $3.38 annualized dividend and a yield of 2.16%. Canadian National Railway’s dividend payout ratio (DPR) is 40.14%.

Analysts Set New Price Targets

CNR has been the subject of several recent research reports. Wells Fargo & Company raised Canadian National Railway from an “equal weight” rating to an “overweight” rating in a report on Monday, October 7th. Royal Bank of Canada raised Canadian National Railway from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from C$169.00 to C$179.00 in a research note on Thursday, October 10th. TD Securities lowered their price target on shares of Canadian National Railway from C$180.00 to C$175.00 and set a “hold” rating on the stock in a research report on Wednesday, October 23rd. UBS Group lifted their target price on shares of Canadian National Railway from C$189.00 to C$190.00 in a research note on Thursday, October 24th. Finally, Desjardins dropped their price target on shares of Canadian National Railway from C$181.00 to C$180.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, seven have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Canadian National Railway has an average rating of “Moderate Buy” and an average target price of C$171.07.

About Canadian National Railway

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.