CIBC Boosts Canadian National Railway (TSE:CNR) Price Target to C$116.00

Marco Green
January 13, 2018

Indivior PLC, together with its subsidiaries, develops, makes, and sells buprenorphine prescription drugs for the treatment of opioid dependence worldwide. Companies having a market cap of $10 billion or more are typically considered as the major players of the market. It has a 18.68 P/E ratio. It offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers.

Analysts await CryoLife, Inc. (NASDAQ:AAPL) to report earnings on January, 30.

Stock analysts at Cormark decreased their FY2017 earnings per share (EPS) estimates for shares of Canadian National Railway in a note issued to investors on Thursday. AAPL's profit will be $19.08 billion for 11.81 P/E if the $3.75 EPS becomes a reality.

Analysts expect Canadian Pacific Railway Limited (NYSE:CP) to report $2.59 EPS on January, 18 after the close.They anticipate $0.31 EPS change or 13.60% from last quarter's $2.28 EPS.

Ratings analysis reveals 85% of Apple's analysts are positive.

According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 1 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. Senator Investment Group Lp acquired 390,000 shares as Tesaro Inc (TSRO)'s stock declined 19.97%.

A number of research analysts recently weighed in on CP shares. The stock has "Outperform" rating by Cowen & Co on Monday, October 5. As per Thursday, July 13, the company rating was maintained by Credit Suisse. The rating was downgraded by Loop Capital on Friday, April 21 to "Hold". (NASDAQ:AAPL) earned "Market Perform" rating by Wells Fargo on Thursday, September 8. They set a "buy" rating and a $209.00 price objective for the company. The company's outstanding shares are 740.27 Million. Tesaro, Inc. (NASDAQ:TSRO) has risen 254.28% since January 12, 2017 and is uptrending. It has outperformed by 4.69% the S&P500.

Independent Investors Inc holds 24.82% of its portfolio in Apple Inc. for 387,183 shares. The Company's drugs under development include CS-TATI-1 for newly diagnosed and treatment-experienced patients with drug-resistant HIV strains, as well as those intolerant of available therapies; CS-S/BCC-1 to treat basal and squamous cell carcinomas; and a proprietary cannabis therapy for neurological conditions. The company had a trading volume of 196,142 shares. The Connecticut-based Thomson Horstmann & Bryant Inc has invested 0.7% in the stock. Oxbow Advisors Llc, a Texas-based fund reported 15,000 shares. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.81%. Scotiabank lowered their price target on Canadian National Railway from C$115.00 to C$113.00 and set an outperform rating on the stock in a report on Wednesday, October 25th. Therefore 70% are positive. Canadian National Railway Company's payout ratio is 31.73%. On Friday, February 19 the stock rating was maintained by Credit Suisse with "Neutral". RBC Capital Markets has "Outperform" rating and $110 target. Deutsche Bank started coverage on Canadian Pacific Railway in a report on Wednesday, November 1st. Argus Research initiated the stock with "Buy" rating in Tuesday, June 21 report. RBC Capital Markets maintained it with "Outperform" rating and $118 target in Friday, January 22 report. The firm earned "Hold" rating on Wednesday, January 25 by TD Securities. National Bank Canada has "Sector Perform" rating and $207 target.

Canadian National Railway Co is engaged in the rail and related transportation business. The company has market cap of $75.39 billion. It has a 67.56 P/E ratio. The Company's network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico and serving the cities and ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans, and Mobile (Alabama), and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth (Minnesota)/Superior (Wisconsin), and Jackson (Mississippi), with connections to all points in North America.

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