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ATB Capital Markets Remains a Hold on Canadian National Railway (CNI)

Tipranks - Tipranks - Tue Feb 3, 4:34PM CST

ATB Capital Markets analyst maintained a Hold rating on Canadian National Railway today and set a price target of C$146.00.

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In addition to ATB Capital Markets, Canadian National Railway also received a Hold from UBS’s Thomas Wadewitz in a report issued today. However, on the same day, Citi maintained a Buy rating on Canadian National Railway (NYSE: CNI).

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Based on Canadian National Railway’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$4.46 billion and a net profit of C$1.25 billion. In comparison, last year the company earned a revenue of C$4.36 billion and had a net profit of C$1.15 billion

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CNI in relation to earlier this year.

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