GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Canadian National Railway Company (CNI) [hlAlert]

Rating:
Sector Perform
CNI
up 37.74 %

Canadian National Railway Company (CNI) downgraded to Sector Perform with price target $96 by RBC Capital Mkts

Posted on: Tuesday,  Mar 19, 2013  10:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Sector Perform Canadian National Railway Company (NYSE: CNI) on 03/19/2013. Previously RBC Capital Mkts rated Outperform Canadian National Railway Company
(NYSE: CNI) on 02/16/2011., when the stock price was $35.81. Since then, Canadian National Railway Company has gained 37.74% as of 03/19/2013's recent price of $49.33.
If you would have followed the previous RBC Capital Mkts's recommendation on CNI, you would have gained 37.74% of your investment in 762 days.

Canadian National Railway Company (CN) is engaged in the rail and related transportation business. CN?s network of approximately 21,000 route miles of track spans Canada and mid-America, connecting three coasts: the Atlantic, the Pacific and the Gulf of Mexico. CN?s freight revenues are derived from the movement of a diversified portfolio of goods, including petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal, and automotive. During the year ended December 31, 2008, 19% of revenues came from United States domestic traffic, 31% from transborder traffic, 24% from Canadian domestic traffic and 26% from overseas traffic. In November 2008, CN announced the acquisition of the three railway subsidiaries of the Quebec Railway Corp. and a QRC rail-freight ferry operation. In January 2009, it completed its acquisition of the principal lines of the Elgin, Joliet & Eastern Railway Company (EJ&E).

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/19/2013 10:25 AM Hold
None
49.33 48.00
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  8.39 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/16/2011 1:33 PM Buy
None
35.81 38.50
1/26/2011 8:25 AM Hold
None
34.22 38.50
7/21/2009 9:25 AM Hold
None
22.96 28.00
4/23/2009 8:25 AM Hold
None
20.22
1/23/2009 10:25 AM Buy
None
16.69 26.50
11/24/2008 10:25 AM Buy
None
16.89 27.00
9/21/2007 9:25 AM Buy
None
28.16 30.50

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy