Desjardins Lowers Canadian National Railway (TSE:CNR) Price Target to C$151.00

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price target cut by equities research analysts at Desjardins from C$155.00 to C$151.00 in a research report issued on Monday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Desjardins’ price target points to a potential upside of 11.65% from the company’s previous close. Desjardins also issued estimates for Canadian National Railway’s Q3 2025 earnings at $1.73 EPS, FY2025 earnings at $7.37 EPS, FY2026 earnings at $8.14 EPS and FY2027 earnings at $9.07 EPS.

A number of other analysts also recently commented on the company. Barclays lowered their target price on Canadian National Railway from C$145.00 to C$135.00 in a research note on Wednesday, July 23rd. TD Securities reduced their price target on shares of Canadian National Railway from C$168.00 to C$165.00 and set a “buy” rating on the stock in a research note on Wednesday, July 23rd. Argus raised Canadian National Railway to a “hold” rating in a research note on Friday, June 27th. Royal Bank Of Canada lowered their target price on Canadian National Railway from C$161.00 to C$157.00 and set an “outperform” rating for the company in a research note on Wednesday, July 23rd. Finally, National Bank Financial downgraded Canadian National Railway from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 22nd. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Canadian National Railway presently has a consensus rating of “Moderate Buy” and an average target price of C$152.07.

Canadian National Railway Price Performance

Shares of CNR stock opened at C$135.25 on Monday. Canadian National Railway has a twelve month low of C$126.11 and a twelve month high of C$160.88. The stock has a market capitalization of C$84.42 billion, a price-to-earnings ratio of 18.66, a P/E/G ratio of 3.38 and a beta of 0.92. The stock has a fifty day simple moving average of C$130.56 and a two-hundred day simple moving average of C$136.97. The company has a current ratio of 0.64, a quick ratio of 0.58 and a debt-to-equity ratio of 107.59.

Insider Buying and Selling

In other Canadian National Railway news, Director Shauneen Elizabeth Bruder bought 7,600 shares of the business’s stock in a transaction dated Thursday, July 24th. The stock was acquired at an average cost of C$131.40 per share, with a total value of C$998,624.04. Also, Director Susan C. Jones bought 1,520 shares of the business’s stock in a transaction dated Thursday, July 24th. The shares were acquired at an average cost of C$130.96 per share, with a total value of C$199,065.28. Corporate insiders own 2.64% of the company’s stock.

Canadian National Railway Company Profile

Canadian National’s railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2019, CN delivered almost 6 million carloads over its 19,600 miles of track. CN generated roughly CAD 14 billion in total revenue by hauling intermodal containers (25% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (6%), and coal (4%).