Canadian National Railway (TSE:CNR) Given New C$155.00 Price Target at Scotiabank

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price objective cut by Scotiabank from C$163.00 to C$155.00 in a research report report published on Monday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other research firms also recently commented on CNR. Berenberg Bank upped their target price on Canadian National Railway from C$148.00 to C$152.00 in a research report on Tuesday, November 11th. Vertical Research upgraded Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 5th. TD Securities lowered their price objective on Canadian National Railway from C$166.00 to C$164.00 and set a “buy” rating on the stock in a research report on Monday. Desjardins dropped their target price on Canadian National Railway from C$160.00 to C$156.00 and set a “buy” rating for the company in a report on Monday. Finally, Royal Bank Of Canada decreased their price target on shares of Canadian National Railway from C$158.00 to C$153.00 and set an “outperform” rating on the stock in a research note on Thursday, December 18th. Three research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$151.60.

Canadian National Railway Trading Down 0.2%

Shares of Canadian National Railway stock opened at C$130.79 on Monday. The company has a debt-to-equity ratio of 107.59, a current ratio of 0.64 and a quick ratio of 0.58. The business has a fifty day simple moving average of C$135.57 and a two-hundred day simple moving average of C$133.11. Canadian National Railway has a 1 year low of C$126.11 and a 1 year high of C$152.12. The company has a market capitalization of C$80.24 billion, a price-to-earnings ratio of 17.77, a P/E/G ratio of 3.38 and a beta of 0.80.

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

Trending Headlines about Canadian National Railway

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

About Canadian National Railway

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.