CIBC Upgrades Rating On Canadian National Railway Company (CNI)

Marco Green
November 14, 2017

(CNI) by 21.59% based on its latest 2017Q2 regulatory filing with the SEC. Canadian National Railway makes up about 4.1% of Highstreet Asset Management Inc.'s investment portfolio, making the stock its 6th biggest holding. Sumitomo Mitsui Asset Mgmt holds 0.04% or 35,121 shares in its portfolio. Cidel Asset Management Inc. increased its stake in shares of Canadian National Railway by 0.8% in the second quarter. About 401,300 shares traded. Citigroup maintained Canadian National Railway (USA) (NYSE:CNI) on Wednesday, April 6 with "Neutral" rating. It has outperformed by 13.33% the S&P500.

Callahan Advisors Llc increased Canadian Natl Ry Co (CNI) stake by 174.16% reported in 2017Q2 SEC filing. It also upped Bmc Stock Holdings Inc stake by 55,250 shares and now owns 223,310 shares. The stock rose 0.47% or $0.48 reaching $103.5 per share. The Roffman Miller Associates Inc holds 279,328 shares with $25.53M value, up from 274,883 last quarter.

Canadian National Railway (NYSE:CNI) opened at $81.00 on Wednesday. It has underperformed by 19.40% the S&P500. Canadian National Railway (USA) (NYSE:CNI) has risen 30.03% since November 13, 2016 and is uptrending. Finally, Vertical Research initiated coverage on shares of Canadian National Railway in a research note on Tuesday, October 11th. The Firm operates through rail transportation segment. Caisse DE Depot ET Placement DU Quebec lifted its position in shares of Canadian National Railway by 0.3% in the 3rd quarter. The fund owned 95,540 shares of the transportation company's stock after selling 1,360 shares during the quarter. (NYSE:LOW) for 207 shares. (NYSE:LOW) to report $1.02 EPS on November, 21 before the open.They anticipate $0.14 EPS change or 15.91% from last quarter's $0.88 EPS. Therefore 40% are positive.

According to Zacks, analysts expect that Canadian National Railway will report full-year sales of $2.61 billion for the current financial year, with estimates ranging from $10.14 billion to $10.35 billion. JP Morgan initiated the stock with "Neutral" rating in Thursday, December 17 report. The company was maintained on Tuesday, April 26 by Cowen & Co. The stock of Canadian National Railway (USA) (NYSE:CNI) has "Outperform" rating given on Tuesday, April 26 by Cowen & Co. The rating was maintained by Barclays Capital on Monday, October 5 with "Equal-Weight". The stock has "Buy" rating by Bank of America on Monday, February 22. The firm earned "Outperform" rating on Wednesday, January 4 by Raymond James. Robert W. Baird maintained it with "Buy" rating and $28.0 target in Thursday, October 26 report. Bank of America upgraded the stock to "Neutral" rating in Thursday, January 12 report. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company. Therefore 43% are positive. Philip Morris International had 46 analyst reports since August 24, 2015 according to SRatingsIntel. Imperial Capital maintained Waste Management, Inc. Credit Suisse has "Hold" rating and $8400 target. The company was maintained on Tuesday, July 25 by Morgan Stanley. The firm has "Buy" rating given on Thursday, August 24 by Loop Capital. (NYSE:WM) has "In-Line" rating given on Friday, July 29 by Imperial Capital. (NYSE:JPM) rating on Friday, October 13. The rating was upgraded by Societe Generale on Friday, October 20 to "Buy".

October 25 investment analysts at Royal Bank Of Canada kept a "Outperform" rating on the company.

Investors sentiment increased to 1.03 in Q2 2017.

A number of other large investors have also bought and sold shares of CNI. Brown Brothers Harriman holds 1.42% of its portfolio in Waste Management, Inc. Dillon Inc owns 13,532 shares for 0.51% of their portfolio. (NYSE:PM) for 33,476 shares. Institutional investors own 54.42% of the company's stock. (NYSE:PM) for 77,182 shares. The institutional investor owned 16,850 shares of the company's stock after selling 20,900 shares during the period. Guardian Limited Partnership reported 27,871 shares stake. Century Inc reported 0.33% stake. (NYSE:WM). Moreover, Prudential Plc has 0.01% invested in Waste Management, Inc. Stifel Financial Corp now owns 156,733 shares of the transportation company's stock worth $12,985,000 after purchasing an additional 3,630 shares during the period. (NYSE:WM). Clearbridge Ltd Liability Corp stated it has 0.35% of its portfolio in Waste Management, Inc. Country National Bank reported 74 shares or 0% of all its holdings. Century holds 468,353 shares. Benjamin F Edwards And Company holds 18,113 shares.

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