Stock Perspective: Canadian National Railway Company (NYSE:CNI) Earnings in View

Analyst forecasts, earnings estimates and price target projections are issued to help their clients make money through stock investments.

While looking at the Stock's Performance, Canadian National Railway Company now shows a Weekly Performance of 2.22%, where Monthly Performance is 5%, Quarterly performance is 6.44%, 6 Months performance is 13.06% and yearly performance percentage is 43.67%.

10/20/2016 - Canadian Pacific Railway Limited had its "buy" rating reiterated by analysts at Desjardins. The stock now has an average rating of "Hold" and an average price target of $75.50.

Canadian Pacific Railway Limited was upgraded to "buy" by analysts at Stifel Nicolaus. Canadian National Railway Company has a one year low of $46.23 and a one year high of $71.57. 1832 Asset Management L.P. now owns 3,540,175 shares of the company's stock worth $455,518,000 after buying an additional 1,395,706 shares during the last quarter. The stock has a 50 day moving average of $68.33 and a 200 day moving average of $64.97.

Canadian National Railway (NYSE:CNI) last announced its quarterly earnings data on Tuesday, October 25th.

The railroad reported fourth-quarter adjusted earnings of C$3.04 a share, missing the C$3.11 average of analyst estimates compiled by Bloomberg. The business earned $3.01 billion during the quarter, compared to the consensus estimate of $2.39 billion. This was down from C$1.69 billion previous year. This was higher than C$419 million, or C$2.72 per share, in last year's fourth quarter.

Fadi Chamoun, a stock analyst at Bank of Montreal, said he expects freight volumes for the North American industry to rise by 2 per cent this year.

Canadian National Railway Company was upgraded to "neutral" by analysts at Bank of America Merrill Lynch.

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10/25/2016 - Canadian Pacific Railway Limited had its "outperform" rating reiterated by analysts at Sanford C. Bernstein. Investors of record on Friday, December 30th will be paid a $0.50 dividend. This represents a $1.52 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend was Wednesday, December 7th.

08/11/2016 - Atlantic Equities began new coverage on Canadian Pacific Railway Limited giving the company a "overweight" rating.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock.

More notable recent Canadian National Railway Company (TSE:CNR) news were published by: Prnewswire.com which released: "How These Services Stocks are Faring?"

09/12/2016 - Canadian National Railway Company had its "equal-weight" rating reiterated by analysts at Barclays. NN Investment Partners Holdings N.V. now owns 66,090 shares of the company's stock worth $4,455,000 after buying an additional 3,973 shares during the period.

10/20/2016 - Canadian Pacific Railway Limited had its "outperform" rating reiterated by analysts at BMO Capital Markets. The market consensus range for revenue is between $1.53B and $1.74B, with an average of $1.64B.

10/20/2016 - Canadian Pacific Railway Limited had its "outperform" rating reiterated by analysts at RBC Capital. 1201049 shares were traded on Canadian National Railway Company's last session. Merchandise freight consists of finished vehicles and automotive parts chemicals and plastics crude oil forest products and metals minerals and consumer products.

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