Euro Pacific Capital Starts Canadian National Railway (CNI) at Buy

Euro Pacific Capital initiates coverage on Canadian National Railway (NYSE: CNI) with a Buy rating and $86 price target.

The firm highlights: superior returns & free cash flow margins, stronger and more consistent service track record and on-time performance, its industry leading operating ratio, and potentially sustainable market share gains in intermodal (containers).

Commenting on a catalyst for the stock the analyst states: "We believe that the most important catalyst for the stock over the next year would be the extent to which CN can continue to price its business in line with its superior service level while striking a balance into potential market share gains in intermodal."

For more ratings news on Canadian National Railway click here and for the rating history of Canadian National Railway click here.

Shares of Canadian National Railway closed at $77.40 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Goldman reports US rail carload growth slowed in week 32
• BMO Capital Starts Perspective Therapeutics Inc (CATX) at Outperform
• CN Continues to Advance Locomotive Innovations