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Research Reports Coverage on Railroads Stocks -- Kansas City Southern, Canadian National Railway, Westinghouse Air Brake Technologies, and Canadian Pacific Railway

T.CNR, WAB, T.CP

PR Newswire

NEW YORK, November 15, 2016 /PRNewswire/ --

Stock-Callers.com revisits the Railroads industry which includes companies that operate railroad tracks or trains, as well as transport cargo or passengers. These operators are generally stable and established, and offer below-average dividend yields. Equities in today's lineup are Kansas City Southern (NYSE: KSU), Canadian National Railway Co. (NYSE: CNI), Westinghouse Air Brake Technologies Corp. (NYSE: WAB), and Canadian Pacific Railway Ltd (NYSE: CP). These stocks research reports can be downloaded now by simply registering for free at:

http://stock-callers.com/registration

Kansas City Southern  

On Monday, shares in Kansas City Southern recorded a trading volume of 2.81 million shares, which was above their three months average volume of 1.60 million shares. The stock ended the session 3.72% higher at $85.10. The Company's shares have gained 15.22% on an YTD basis. The stock is trading 5.27% below its 200-day moving average. Moreover, shares of Kansas City Southern, which through its subsidiaries, provides freight rail transportation services, have a Relative Strength Index (RSI) of 42.51.

On November 09th, 2016, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Buy' to 'Neutral'.

The Company's Board of Directors on November 10th, 2016 declared a regular dividend of $0.33 per share on its outstanding common stock. This dividend is payable on January 18th, 2017, to common stockholders on record as on December 30th, 2016. Your complete research report on KSU can be retrieved for free at:

http://stock-callers.com/registration/?symbol=KSU


Canadian National Railway  

Canadian National Railway Co.'s stock closed the day 0.79% higher at $63.75. A total volume of 1.77 million shares was traded, which was above their three months average volume of 944,650 shares. Shares of the Company, which engages in rail and related transportation business, have advanced 0.94% in the previous three months and 15.70% since the start of this year. The stock is trading 4.31% above its 200-day moving average. Additionally, shares of Canadian National Railway have an RSI of 49.47.

On October 28th, 2016, research firm Seaport Global Securities initiated a 'Neutral' rating on the Company's stock, issuing a target price of $64 per share.

On November 02nd, 2016, the Company announced that it will repurchase common shares under a specific share repurchase program. The purchase will form part of the Normal Course Issuer Bid for up to 33 million shares announced on October 25th, 2016. The company will enter into an agreement with a third party to repurchase common shares through daily purchases that will take place on November 07th, 2016 to December 23rd, 2016, subject to a maximum of 2,723,662 common shares. CNI free report is just a click away at:


http://stock-callers.com/registration/?symbol=CNI


Westinghouse Air Brake Technologies  

Shares in Pennsylvania headquartered Westinghouse Air Brake Technologies Corp. recorded a trading volume of 747,655 shares, and ended yesterday's trading session 2.13% higher at $87.23. The stock has advanced 8.06% in the past month, 20.32% over the previous three months, and 23.27% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 10.80% and 15.95%, respectively. Furthermore, shares of the company, doing business as Wabtec Corporation, provides technology-based equipment and services for the freight rail and passenger transit vehicle industries worldwide, have an RSI of 72.90.

On October 26th, 2016, research firm Longbow downgraded the Company's stock rating from 'Buy' to 'Neutral'.

As per notes filed with the SEC, on November 03rd, 2016, the Company completed its offering and sale of $750.0 million aggregate principal amount of its 3.450% Senior Notes due 2026. The Senior Notes were issued pursuant to the Base Indenture, as supplemented by the Second Supplemental Indenture and the Third Supplemental Indenture, dated November 03rd, 2016, by and among the Company, the Guarantors and the Trustee. Sign up for your complimentary research report on WAB at:

http://stock-callers.com/registration/?symbol=WAB


Canadian Pacific Railway  

Calgary headquartered Canadian Pacific Railway Ltd's stock finished Monday's session 0.59% lower at $142.69. A total volume of 1.09 million shares was traded, which was higher than their three months average volume of 717,570 shares. The Company's shares have advanced 12.69% since the start of this year. The stock is trading above its 200-day moving average by 3.27%. Additionally, shares of Canadian Pacific Railway, which together with its subsidiaries, operates a transcontinental railway in Canada and the US, have an RSI of 43.91.

On October 24th, 2016, research firm Seaport Global Securities initiated a 'Buy' rating on the Company's stock, issuing a target price of $165 per share.

On November 10th, 2016, Canadian Pacific provided notice to the Teamsters Canada Rail Conference that it will be seeking changes by Transport Canada that would reduce by a third the maximum permissible hours that its Canadian-based running trades employees can spend at the controls of a train. Register for free on Stock-Callers.com and download the latest research report on CP at:

http://stock-callers.com/registration/?symbol=CP

--

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