TSE:CNR

Canadian National R.R. (CNR.TO)

176.19
+0.09 (0.05%)
as of Jul 10, 2026, 8:00:00 pm Market Open.
1170 watching
0
Investor Insights
star iconJul 11, 2026, 12:00 am

This summary was created by AI, based on 40 opinions in the last 12 months.

Canadian National R.R. (CNR) appears to be navigating a challenging economic landscape marked by a prolonged freight recession and external pressures such as tariffs and geopolitical tensions. Experts suggest that while the rail network enjoys irreplaceable assets and pricing power, the current cyclical downturn in the economy is impacting volumes and investor confidence. Many analysts view CNR as more attractively valued than its peers, particularly given its recent stock price decline which is seen as an opportunity to accumulate shares for the long term. Despite mixed short-term performance predictions, the majority of experts believe in the resilience of CNR's business model, its historical share buybacks, and dividend growth as indicators of potential recovery when overall economic conditions improve. The consensus leans towards a wait-and-see approach, with recommendations to consider averaging into positions on dips.

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Consensus
Neutral
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Valuation
Undervalued
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Similar
CP,CP
TOP PICK
Crude by rail is growing very fast. Incremental 3-4% growth, on top of the 8-10% earnings growth they provide. Diversified, chicken way to have exposure to the North American economy. In this environment, the low double-digit return makes the Top Pick. Yield is 1.97%. (Analysts’ price target is $118.62)
COMMENT
He hasn't seen today's after-hours report but it did beat EPS. It's a good stock, but be careful if it falls below $100.
TOP PICK
Ex-CEO Hunter Harrison was superb at raising shareholder value. The best-run railroad in North America. There's limited competition, so there's a moat. They raise prices 2-3% annually along with volume growth. Attractive valuation. (Analysts’ price target is $117.56)
BUY
Good looking chart. They are looking at it. Higher lows and higher highs.
COMMENT
He owns CNR-T instead. He likes their ownership and management and it has a good US footprint. CP-T has too big of a commodity exposure for him. He likes the outlook for railways overall.
PAST TOP PICK
(A Top Pick Dec 28/17, Up 7%) Growing economy, so rails will do well. Plus, pipelines are shut out. Great thing is they own 25% of the container port in Prince Rupert, so they can get oil to China faster. Dividend growth plus splits is how you grow your retirement income over time, without having to eat into capital. A quality company.
WEAK BUY
Railroads. CNR-T vs. CP-T. Railroads are a great industry. A duopoly in Canada. CP-T is the more profitable operator and he favours it.
BUY
He just bought CP-T in the last couple of days. There is a little up-tick after Dec 24th. He would buy it now. If it breaks below the $90 range then it may come down further. The risk/reward is pretty low. He would pick it up now
COMMENT
Rail is not the preferred way to move oil, because it's expensive. One of the best long-term stewards of capital. Reluctant to put money into rail cars, which will be obsolete as soon as pipelines get built. Some upside to this stock from crude by rail, but not overly material.
PAST TOP PICK
(A Top Pick Dec 20/17, Up 1%) Good balance sheet and fundamentals. Buy during dips to average down. A world-class company.
BUY
It is one of those great Canadian companies with a monopoly There is only two companies in Canada. This is a name you should always own because you don’t have a competitive pressure on it. Crude by rail is not a huge impact to either railroad company either way. Earnings have not fallen on CNR-T because they continue to move things regardless of growth rates in China. He buys it because he has cash.
DON'T BUY
It got way up to its fair value. It is coming down. Its fair value is $90 in his opinion.
TOP PICK
Pullback of about 20% from the highs. Likes adding exposure here. Good longer-term, strong company and strong chart. Yield is 1.8%. (Analysts’ price target is $120.73)
BUY
CP vs. CN It's as good as the Canadian economy. Ottawa's policies haven't been kind to our economy. CP vs. CN depends on their pricing at a given time. CN has a better network across North America, whereas CP is more Canadian. Both are good railroads.
BUY
Jan.7 optimal buy date. April 18 optimal sell date. CNR has held up very well during this correction. It has an uptrend trend, with resistance at $118. It's still above its 200-day moving average. The low price of oil can pressure its business.
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