Tag Archives: CN

CN Rail upgraded on rare valuation opportunity

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Canadian National Railway Co.’s 14-per-cent pullback since Feb. 1 and material underperformance versus United states equity indexes have the stock trading below 16x estimated earnings per share for 2016. That’s within the lower 1 / 2 of its three-year historical range along with a significant discount to the S&P 500. This is a rare occurrence, especially in the past 5 ...

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