Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Toronto Stock Exchange  >  Canadian National Railway Company    CNR   CA1363751027

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

TSX slips as miners, tech stocks weigh; RBC up on earnings report

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/29/2017 | 10:42pm CET
FILE PHOTO: A sign board displaying Toronto Stock Exchange stock information is seen in Toronto

Canada's main stock index ended lower on Wednesday, hurt by losses among miners with weaker copper and gold prices, a pullback in technology stocks led by Shopify Inc and a fall in shares of Canadian National Railway Co (>> Canadian National Railway Company).

Canada's main stock index ended lower on Wednesday, hurt by losses among miners with weaker copper and gold prices, a pullback in technology stocks led by Shopify Inc <SHOP.TO> and a fall in shares of Canadian National Railway Co (>> Canadian National Railway Company).

Better-than-expected quarterly earnings boosted Royal Bank of Canada (>> Royal Bank of Canada), the country's largest bank by market value, while several other heavyweight financial stocks also gained.

* The Toronto Stock Exchange's S&P/TSX composite index <.GSPTSE> ended down 61.92 points, or 0.39 percent, at 15,967.72. Seven of the index's 10 main sectors finished lower, with three decliners for every two advancers overall.

* CN Rail fell as much as 4.9 percent, to its lowest level since March, before recovering somewhat to end down 1.8 percent at C$98.20. That was its worst one-day fall since July 26.

* CN Rail's chief financial officer said its fourth quarter may be a "bit more difficult" because of an early winter and a couple of derailments.

* Royal Bank of Canada (>> Royal Bank of Canada) gained 0.9 percent to C$101.38, while the overall financial sector rose 0.4 percent.

* Shopify Inc <SHOP.TO> fell 7 percent to C$133.40, erasing gains the e-commerce software company's stock had made after the Black Friday and Cyber Monday shopping days. The technology group fell 2.6 percent overall.

* The materials group, which includes precious and base metals miners and fertilizer companies, lost 1.3 percent as prices for gold as well as copper, aluminum and other base metals fell.

* Potash Corp (>> Potash Corporation of Saskatchewan Inc) added 0.6 percent to C$25.08 after its chief executive said he expects a "very tight" balance of potash supply and demand in 2018 and that the company had received "broad interest" from Chinese buyers interested in its stake in a Chilean lithium producer.

(Reporting by Alastair Sharp; editing by Jonathan Oatis and Grant McCool)

By Alastair Sharp

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CANADIAN NATIONAL RAILWAY
12/13 CANADIAN NATIONAL RAILWAY : Janney Montgomery Scott LLC Boosts Position in Canad..
12/12 CANADIAN NATIONAL RAILWAY COMPANY : Canadian Exchanges Stock Scanner Canadian Na..
12/12 CANADIAN NATIONAL RAILWAY : Somewhat Favorable Media Coverage Somewhat Unlikely ..
12/11 TSX inches up with resource stock gains; banks, railways weigh
12/11 CANADIAN NATIONAL RAILWAY : CNI) Stake Lessened by Bank of Nova Scotia Trust Co.
12/08 CANADIAN NATIONAL RAILWAY : CNI) Earns News Impact Score of 0.18
12/07 CANADIAN NATIONAL RAILWAY COMPANY : Today’s Research Reports on Canadian Nationa..
12/07 CANADIAN NATIONAL RAILWAY : Greystone Managed Investments Inc. Boosts Stake in C..
12/07 CANADIAN NATIONAL RAILWAY COMPANY : ex-dividend day
12/06 CANADIAN NATIONAL RAILWAY : Comparing Union Pacific (UNP) and Canadian National ..
More news
News from SeekingAlpha
12/12 Canadian oil plunges to three-year-low on pipeline, rail bottleneck
12/12 Transports Weekly Snapshot - Parity Has Been Reached, It's On To 2018
12/10 Class I Rail Traffic November 2017 Update - Rail Traffic Looking Stable With ..
12/09 Goldman unveils sector-by-sector view for 2018 stock winners
12/04 Ride Along With Canadian National Railway
Financials ( CAD)
Sales 2017 13 294 M
EBIT 2017 5 785 M
Net income 2017 3 838 M
Debt 2017 10 691 M
Yield 2017 1,66%
P/E ratio 2017 20,15
P/E ratio 2018 18,63
EV / Sales 2017 6,59x
EV / Sales 2018 6,43x
Capitalization 76 940 M
Chart CANADIAN NATIONAL RAILWAY
Duration : Period :
Canadian National Railway  Technical Analysis Chart | CNR | CA1363751027 | 4-Traders
Technical analysis trends CANADIAN NATIONAL RAILWAY
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 25
Average target price 106  CAD
Spread / Average Target 2,2%
EPS Revisions
Managers
NameTitle
Luc Jobin President, Chief Executive Officer & Director
Robert L. Pace Chairman
Michael A. Cory Chief Operating Officer & Executive Vice President
Ghislain Houle Chief Financial Officer & Executive Vice President
Serge Leduc Senior VP, Chief Information & Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
CANADIAN NATIONAL RAILWAY COMPANY13.67%59 975
UNION PACIFIC24.53%101 584
CSX57.14%50 915
NORFOLK SOUTHERN CORPORATION30.50%40 504
CANADIAN PACIFIC RAILWAY LIMITED19.50%25 834
DSV54.87%14 609