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Barclays Reaffirms Their Hold Rating on Canadian National Railway (CNI)

Tipranks - Sat Mar 28, 10:56PM CDT

In a report released yesterday, Brandon Oglenski from Barclays maintained a Hold rating on Canadian National Railway, with a price target of $98.00. The company’s shares closed yesterday at C$140.82.

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Oglenski covers the Industrials sector, focusing on stocks such as JetBlue Airways, Delta Air Lines, and United Airlines Holdings. According to TipRanks, Oglenski has an average return of 4.7% and a 47.98% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian National Railway with a $110.19 average price target, which is a -21.75% downside from current levels. In a report released on March 22, TipRanks – Anthropic also reiterated a Hold rating on the stock with a C$147.00 price target.

The company has a one-year high of C$154.63 and a one-year low of C$126.11. Currently, Canadian National Railway has an average volume of 1.85M.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CNI in relation to earlier this year.

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