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TSE:CNR

Canadian National R.R. (CNR.TO)

159.73
-0.67 (0.42%)
as of Jun 19, 2026, 8:00:00 pm Market Open.
1168 watching
0
Investor Insights
star iconJun 19, 2026, 12:00 am

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

Canadian National R.R. (CNR) is experiencing a challenging period due to a prolonged freight recession, soft economic conditions in Canada, and external pressures such as tariffs. However, experts highlight the company's strengths, including its irreplaceable network and strong operational efficiency, which provide a clear competitive advantage. Many analysts express long-term confidence in the stock, recommending it as a good buying opportunity, especially at current valuations, which are seen as attractive relative to historical levels. Additionally, the company has a solid history of returning capital to shareholders through dividends and buybacks, amidst expectations that demand will improve with a healthier economic backdrop.

consensus icon
Consensus
Hold
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Valuation
Undervalued
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CP
BUY
Likes the rails. As a group, they are doing very well. Have great pricing power. If he liked the Canadian market better, he probably would own this one. Would like this better if it broke through $56.50.
SELL
Not a good hold right now. Volume on consumer goods is down and expenses are up.
COMMENT
A business that moves economic goods around the country. A slowdown of the economy will create some slowdown in the rails. Good long-term.
COMMENT
Ultimately rails will turn around and do very well. This one had issues due to the strong Cdn$. If looking for a switch, some of the agricultural stocks such as Potash (POT-T), Agrium (AGU-T) or Monsanto (MON-N) would be good. If you are going to stay in rails, he would look at CSX Corp (CSX-N).
DON'T BUY
(Market Call Minute.) In a dangerous phase because it is still fairly high priced and if there is an economic recession they will lose a lot of their abilities.
COMMENT
Longer-term, an excellent way to play the infrastructure and agricultural boom in Canada. Might consider this one if there is a pullback in the Canadian markets.
BUY
It is much cheaper to transport by rail as opposed to trucking. The one thing that hurt them is the strong Cdn$.
TOP PICK
Have a 1 to 2 month lag on the fuel surcharge, so doesn’t feel the impact. Great way to participate in international growth. Best operating ratios in North America. Trading at a discount to its peers. Good for the medium to long-term horizon. Good dividend and a great record of increasing them.
BUY
Very reasonably priced. Trading at about 13/14X next year's earnings.
BUY
Expensive oil is positive for the rails. They are about 4 times more efficient than trucks per ton-mile of freight. Rails are going to make a lot of money hauling commodities. Everybody should own one of them.
BUY ON WEAKNESS
Not as bad as airlines but the rails do have fuel as an input. This has hurt them, but the stocks have rebounded nicely and a little higher than he would have thought. He would like to see a pullback of 10% before buying.
TOP PICK
Best operator of North American rails by a long shot. Rails are taking business away from the trucking industry. As Asia continues strong, shipping to the coast should be good. Great record of increasing dividends.
DON'T BUY
Kind of agnostic to the industry and under whelmed by this company. Although grains, fertilizers, etc. are being shipped, building materials, automobiles, etc. are not being shipped as much. Cdn$ appreciation has hurt them. Diesel fuels have gone through the roof.
TOP PICK
Looking ahead to an economic recovery. This and Canadian Pacific (CP-T) are the cheapest in North America. Historically this has been the most efficient operator.
BUY
Likes all the North American railroads. Likes the Prince Rupert port potential for the next 3 or 4 years. Good price.
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