Canadian National Railway (TSE:CNR) Given New C$156.00 Price Target at Desjardins

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price target trimmed by Desjardins from C$160.00 to C$156.00 in a research note released on Monday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Several other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. reduced their price objective on Canadian National Railway from C$149.00 to C$147.00 in a research report on Monday. Citigroup upped their target price on shares of Canadian National Railway from C$119.00 to C$120.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. TD Securities reduced their price target on shares of Canadian National Railway from C$166.00 to C$164.00 and set a “buy” rating for the company in a report on Monday. Vertical Research upgraded shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 5th. Finally, ATB Capital dropped their price objective on shares of Canadian National Railway from C$153.00 to C$146.00 and set a “sector perform” rating on the stock in a report on Monday. Three analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Canadian National Railway currently has a consensus rating of “Moderate Buy” and a consensus target price of C$151.60.

Canadian National Railway Trading Down 0.2%

Shares of TSE:CNR opened at C$130.79 on Monday. The company has a debt-to-equity ratio of 107.59, a quick ratio of 0.58 and a current ratio of 0.64. The stock’s 50-day moving average is C$135.57 and its 200-day moving average is C$133.11. The company has a market cap of C$80.24 billion, a P/E ratio of 17.77, a P/E/G ratio of 3.38 and a beta of 0.80. Canadian National Railway has a 52-week low of C$126.11 and a 52-week high of C$152.12.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last announced its earnings results on Friday, January 30th. The company reported C$2.08 earnings per share for the quarter. The firm had revenue of C$4.46 billion during the quarter. Canadian National Railway had a return on equity of 27.10% and a net margin of 31.20%. Equities research analysts predict that Canadian National Railway will post 8.2610275 earnings per share for the current year.

Canadian National Railway News Summary

Here are the key news stories impacting Canadian National Railway this week:

• Positive Sentiment: CN announced a 3% dividend increase and launched a new share buyback program — both actions support shareholder returns and can help underpin the share price over time. Canadian National Railway Boosts Dividend 3% and Launches New Share Buyback Program
• Positive Sentiment: Despite cuts to targets, several major brokers (TD, Desjardins, Scotiabank, RBC) retained Buy/Outperform ratings and still see double‑digit upside, which suggests analysts expect continued earnings power and recovery potential. Analyst Ratings
• Neutral Sentiment: Trading activity is elevated (volume above the 30‑day average) and the stock sits near its 50/200‑day moving averages; valuation metrics (PE ~17.8) and strong reported margins point to solid fundamentals, leaving the move largely sentiment‑driven for now.
• Negative Sentiment: Multiple firms trimmed price targets (range roughly C$146–C$164) — including ATB, RBC, Scotiabank, Desjardins, National Bank, TD, and JPMorgan — which pressured the stock today as investors reassess near‑term upside. Most cuts were modest but broad, signaling caution around growth trajectory or macro/rail demand assumptions. Analyst Ratings TickerReport

Canadian National Railway Company Profile

CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.