Canadian National Railway (TSE:CNR) (NYSE:CNI) had its target price decreased by UBS Group from C$127.00 to C$126.00 in a report released on Wednesday morning, BayStreet.CA reports.

Several other equities analysts have also recently weighed in on the stock. BMO Capital Markets reaffirmed a hold rating on shares of Royal Bank of Canada in a research note on Thursday, May 23rd. JPMorgan Chase & Co. raised shares of M.D.C. from an underweight rating to a neutral rating in a research note on Monday, July 8th. Royal Bank of Canada raised shares of Freeport-McMoRan from an underperform rating to a sector perform rating and raised their target price for the company from $12.00 to $14.00 in a research note on Wednesday. National Bank Financial reaffirmed a sector perform spec overwgt rating on shares of Almaden Minerals in a research note on Thursday, June 27th. Finally, TD Securities cut their target price on shares of First Quantum Minerals from C$25.00 to C$21.00 and set an action list buy rating for the company in a research note on Tuesday, April 30th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Canadian National Railway has an average rating of Hold and a consensus target price of C$124.82.

Shares of CNR stock opened at C$125.00 on Wednesday. The company has a market cap of $89.76 billion and a P/E ratio of 20.62. Canadian National Railway has a one year low of C$96.46 and a one year high of C$127.96. The company’s fifty day moving average price is C$122.08. The company has a quick ratio of 0.34, a current ratio of 0.69 and a debt-to-equity ratio of 77.28.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its earnings results on Monday, April 29th. The company reported C$1.17 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$1.19 by C($0.02). The company had revenue of C$3.54 billion for the quarter, compared to the consensus estimate of C$3.49 billion. As a group, equities analysts expect that Canadian National Railway will post 6.2915347 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, August 9th will be paid a $0.5375 dividend. The ex-dividend date is Friday, September 6th. This represents a $2.15 dividend on an annualized basis and a dividend yield of 1.72%. Canadian National Railway’s payout ratio is currently 35.46%.

In other Canadian National Railway news, Senior Officer Sean Finn sold 1,000 shares of Canadian National Railway stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of C$123.58, for a total value of C$123,580.00. Following the completion of the transaction, the insider now directly owns 15,887 shares of the company’s stock, valued at approximately C$1,963,315.46. Also, Senior Officer James Barry Cairns sold 3,022 shares of Canadian National Railway stock in a transaction on Friday, June 21st. The stock was sold at an average price of C$123.17, for a total transaction of C$372,208.26. Following the completion of the transaction, the insider now directly owns 274 shares of the company’s stock, valued at C$33,747.54. Insiders sold a total of 16,926 shares of company stock valued at $2,063,137 over the last three months.

About Canadian National Railway

Canadian National Railway Company engages in rail and related transportation business. The company transports cargo serving exporters, importers, retailers, farmers, and manufacturers. It operates a network of approximately 20,000 route miles of track spans Canada and mid-America connecting the Atlantic, the Pacific, and the Gulf of Mexico.

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Analyst Recommendations for Canadian National Railway (TSE:CNR)

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