10 September, 2017
Canadian National Railway (TSE CNR) transacted up 0.25% through out intraday market trading on early Friday, topping $98.94. State of Tennessee Treasury Department now owns 1,044,945 shares of the transportation company's stock worth $84,676,000 after acquiring an additional 100,425 shares during the period.
CNI has been the subject of a number of analyst reports.
Canadian National Railways (TSE:CNR) just had their share rating of a "Outperform" issued by research analysts at RBC Capital Markets, who now has a $110.00 TP on the $74.28 billion market cap company or a 11.20 % upside potential. Oppenheimer Asset Management Inc. now owns 101,670 shares of the transportation company's stock worth $8,240,000 after acquiring an additional 910 shares during the period.
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Finally, Suntrust Banks Inc. boosted its stake in shares of Canadian National Railway by 17.4% in the first quarter. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The stock had a trading volume of 294,913 shares. Finally, Raymond James Financial, Inc. upped their price target on Canadian National Railway from C$112.00 to C$115.00 and gave the stock an "outperform" rating in a research note on Friday, June 16th. William Blair Investment Management LLC grew its holdings in Canadian National Railway by 54.1% in the 1st quarter. The stock of Canadian National Railway Company (TSE:CNR) earned "Outperform" rating by RBC Capital Markets on Wednesday, October 26. UBS Asset Management Americas Inc. bought a new position in Canadian National Railway during the first quarter worth about $123,000. Four research experts recommended the company shares with a hold recommendation and four have published a buy recommendation to The corporation. the share now has a average recommendation of "Buy" and an consensus price target of C$101.31. The average twelve-month target price among brokerages that have issued ratings on the stock in the past year is $80.69. Carroll Financial Associates Inc. increased its position in Canadian National Railway Company by 8.8% in the third quarter.
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The stock increased 0.23% or $0.23 on September 8, reaching $98.92. Raymond James downgraded Canadian National Railway Company (TSE:CNR) on Tuesday, August 11 to "Outperform" rating. If you are reading this story on another site, it was illegally copied and republished in violation of USA & global trademark and copyright legislation. The original version of this report can be read at https://www.dispatchtribunal.com/2017/09/10/canadian-national-railway-company-cni-shares-sold-by-bradley-foster-sargent-inc-ct.html. 781,937 shares of the company were exchanged. The company has market cap of $74.28 billion. The company's 50-day moving average is $100.30 and its 200-day moving average is $100.94. On average, analysts forecast that Canadian National Railway Company will post $3.79 earnings per share for the current fiscal year. Canadian National Railway Company has a 52 week low of $61.11 and a 52 week high of $84.48.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 31st. This is a boost from Canadian National Railway's previous quarterly dividend of $0.31. On Wednesday, January 25 the stock rating was maintained by TD Securities with "Hold". This represents a $1.24 annualized dividend and a dividend yield of 1.80%. Canadian National Railway had a return on equity of 27.63% and a net margin of 30.97%. The ex-dividend date of this dividend is Thursday, September 7th. As per Wednesday, January 27, the company rating was upgraded by FirstEnergy Capital.
Canadian National Railway Co 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.
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