Bernstein Reaffirms Their Hold Rating on Canadian National Railway (CNI)
Bernstein analyst David Vernon maintained a Hold rating on Canadian National Railway today and set a price target of C$163.00.
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Vernon covers the Industrials sector, focusing on stocks such as United Airlines Holdings, FedEx, and Union Pacific. According to TipRanks, Vernon has an average return of 6.1% and a 57.73% success rate on recommended stocks.
In addition to Bernstein, Canadian National Railway also received a Hold from Barclays’s Brandon Oglenski in a report issued on March 27. However, on March 26, RBC Capital maintained a Buy rating on Canadian National Railway (NYSE: CNI).
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 1.87M.
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.
Read More on CNI:
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- CN price target raised to $98 from $97 at Barclays
- CN price target raised to C$160 from C$151 at RBC Capital
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