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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.

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Consensus
Hold
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Valuation
Undervalued
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Similar
CP
HOLD
Best run railroad in North America. In the last couple of years, we have been in a commodity market and Canadian Pacific (CP-T) moves more commodities than this company. The North South business has not fared as well as the East West commodity business. In the long run, this is still the place to be.
WAIT
A lot of rail stocks had nice rallies off the January lows. This one hasn't been the absolute best one of the bunch but they have all looked a lot better. If he had to pick one, he would prefer Canadian Pacific (CP-T) because of the East/West shipping business. CN has a little bit more north/south. Rails have rallied up where there may be some price resistance. If you get a 10% increase, it would indicate acceleration.
TOP PICK
A bit of a sensitive economic call. Has held up relatively well compared to the rest of the market. Great company.
TOP PICK
Even with an economic slowdown in the US, growth in Asian and non-North American economies has driven volume growth and pricing and they have been able to benefit from this. Taking of market share from the trucking industry should continue working in their favour. Expects to see earnings growing at quite a clip by 09.
PAST TOP PICK
(A Top Pick Jan 17/07. Down 12% on total return.) Model price is eroding but his model price is $56.46, a 24% positive differential. The down side on this stock is $43.35, which he thinks is the bottom. Good risk/reward even if you wanted to buy it today.
WAIT
High on his radar screen. Looking at this and Canadian Pacific (CP-T) this would be his first choice. Cheap relative to some of the US rails. His concern is the US economy.
HOLD
(Market Call Minute.) In the near-term, it's a Hold, but in the long term it's a BUY.
DON'T BUY
Compared to Canadian Pacific (CP-T) it is selling at a lower P/E and the yields are comparable. In the 5 major rail companies, these two are the cheapest. If you are worried about a US slowdown, rails are the last place you want to be.
WAIT
Canadian National (CNR-T) and Canadian Pacific (CP-T) are economy stocks. People are worried about the economic progress in 08 and into 09. This one is probably more exposed because they are more south of the border. Could drop further, closer to $40.
COMMENT
He has a model price of $60.51 giving it about a 30% positive differential. Volatile and there could be more downside and it could fall to $42.90.
BUY
(Market Call Minute.) In a tough situation right now. They are worried about US volume. Stock has come down and is probably a good buy. He prefers Canadian Pacific (CP-T).
COMMENT
By far the best railroad in North America. In the near term, because they have a lot of US exposure, will probably under perform Canadian Pacific (CP-T)..
TOP PICK
(His 3 Top Picks will not give you instant gratification, but are to be held for 1, 2, 3 years.) Fabulously run. More efficient and profitable than everybody else. Have 2 headwinds. 1) Biggest product they move is forestry product. 2) Exposed to the US economy because of their US operations.
DON'T BUY
Earnings for the railroads have been going down. This is partially due to the stronger Cdn$, which has weakened exports. Also, the North American economy has been slowing.
DON'T BUY
All rails have broken their up trends. The group did extremely well for a couple of years as fuel prices ran higher and a better alternative to trucking. In the short run, this group does not look good. There may be quite a bit more downside and no upside in the immediate short term.
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