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TSE:CNR

Canadian National R.R. (CNR.TO)

160.40
-0.56 (0.35%)
as of Jun 18, 2026, 8:00:00 pm Market Open.
1168 watching
0
Investor Insights
star iconJun 18, 2026, 12:00 am

This summary was created by AI, based on 45 opinions in the last 12 months.

Experts have mixed feelings about Canadian National Railway (CNR), largely viewing it as a solid long-term investment despite current challenges. The company is seen as having a unique and irreplaceable network, which is coupled with high barriers to entry and a decent dividend yield of around 2-2.7%. There is a consensus that CNR is benefiting from reduced capex after heavy investments, allowing it to accommodate growth with less immediate expenditure. However, the sentiment is tempered by concerns of a freight recession, tariffs, and a soft Canadian economy, leading some analysts to favor its competitor, CP. Overall, while the outlook includes potential volatility due to economic factors, CNR remains an attractive option for long-term investors looking for value amidst its current discounted valuation.

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Consensus
Hold
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Valuation
Undervalued
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Similar
CP,CP
HOLD
Top of the range. Very expensive. Rails are on fire. Volumes will probably exceed this quarter. Nice, visible growth rates. Hold if you own, but don't chase at these levels.
BUY

Transportation Companies? In light of e-commerce. Transportation is doing well. CNR-T and CP-T just keep going up. His model price is $161 or 14% upside on CNR-T. CP-T has a model price of $466.84 or a 15% upside.

BUY

CNR vs. TFII Prefers CNR in a recovering economy.

BUY
Rails have had many bad years, but now they've found religion in how they run their businesses. One of the best rail franchises in NA. Should see better volume growth, better margins, and free cashflow growth. Better consolidation and management. Has done very well and will continue.
BUY
They are expected to grow their bottom line by 10% through organic growth and buy backs. If you are a long term share holder, you should buy in batches and not wait for a pull-back. It is a great business and is resilient during any environment.
TOP PICK
The freight backbone for North America from Atlantic to Pacific to the US Gulf Coast. They work towards high capacity utilization, cost efficiency and technology enablement. They have boosted ROE to 23% over the past decade. It trades at 14 times earnings. This company is 100 years old and the iron will be in the ground adding to shareholder earnings for another 100 years to come, he thinks. Yield 2.01% (Analysts’ price target is $116.96)
HOLD
He thinks it is a pretty good company and the present crisis will not affect it as much as other sectors. Grain and so on will still have to be moved. It will be fine in the long term.
WATCH
The rails have held in relatively well despite all these shutdowns. Don't buy the rails until we see more stability in the economy. He's certainly watching this stock.
COMMENT
Rails have consolidated, so they have better pricing power. Rails are hard to duplicate. More environmentally friendly. Slower economic growth will make things difficult. Oil shipped by rail will slow down. This environment is a rough patch, but they're great businesses and will continue to be.
HOLD
Rails look fabulous here in terms of growth and valuation. You could sell them to put into a growth name. But if you have a tax situation, keep it, don't sell it.
DON'T BUY
He sold this by mistake on Friday. CNR broke support today, which is a big knock. It held off resistance for so long until today. He questions its growth long-term.
COMMENT
It's a recession call or non-recession call. If you expect the latter, then CN has room to run up to $140-150. If you're the former, then avoid this. CN is not recession-proof. He likes CN at this levels and expects it to grind higher at least into the summer. CN is a cyclical stock.
BUY ON WEAKNESS
Rail shutdowns due to protesters. Any slowdown is not the company's fault, but due to external factors. If it got below $120, she'd put new money into it.
BUY

CP-T vs. CNR-T. He likes the rails. There is no possibility of another national rail network in the US or Canada. He thinks CP-T has more levers to pull to offset volume declines in 2020. They have more projects they can do to offset mining sector headwinds.

BUY
He likes it. CNR is a good diversified business, and fairly efficient. It's a steady eddy with decent growth.
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