Canadian National Railway Company (TSE:CNR) (NYSE:CNI) Director Denis Losier sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, March 22nd. The shares were sold at an average price of C$95.05, for a total transaction of C$190,100.00.
Canadian National Railway Company (TSE:CNR) opened at 97.16 on Tuesday. The firm has a market capitalization of $73.87 billion and a P/E ratio of 20.81. The company’s 50 day moving average price is $94.76 and its 200 day moving average price is $89.84. Canadian National Railway Company has a 12 month low of $72.78 and a 12 month high of $98.23.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Shareholders of record on Friday, March 10th will be given a $0.4125 dividend. This is a boost from Canadian National Railway Company’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Wednesday, March 8th. This represents a $1.65 annualized dividend and a yield of 1.70%.
A number of research firms have recently issued reports on CNR. CIBC lifted their price target on shares of Canadian National Railway Company from C$90.00 to C$99.00 in a research report on Thursday, January 5th. Desjardins lifted their price target on shares of Canadian National Railway Company from C$92.00 to C$97.00 in a research report on Monday, January 16th. JPMorgan Chase & Co. lifted their price target on shares of Canadian National Railway Company from C$91.00 to C$92.00 in a research report on Tuesday, January 17th. Raymond James Financial, Inc. reiterated an “outperform” rating on shares of Canadian National Railway Company in a research report on Wednesday, January 18th. Finally, National Bank Financial lifted their price target on shares of Canadian National Railway Company from C$91.00 to C$92.00 in a research report on Wednesday, January 25th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of C$97.27.
Canadian National Railway Company Company Profile
Canadian National Railway Company 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 and serving the cities and ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans, and Mobile (Alabama), and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth (Minnesota)/Superior (Wisconsin), and Jackson (Mississippi), with connections to all points in North America.
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