AUS
NZ
UK
CA
USA
IND
_06_23_2026_07_58_30_182443.jpg)
Headlines
- Barclays has adjusted its outlook on Canadian National Railway (NYSE:CNI), lowering the price target from $121.00 to $112.00.
- Other financial institutions, including Bank of America and Susquehanna, have also revised their evaluations of the company in recent months.
- Canadian National Railway continues to maintain a significant presence in the transportation sector, offering a range of services across North America.
Sector Overview
Canadian National Railway operates within the transportation sector, providing rail, intermodal, trucking, and marine transportation services across Canada and the United States. The company's extensive network plays a crucial role in facilitating trade and commerce throughout North America.
Recent Developments
In January 2025, Barclays adjusted its outlook on Canadian National Railway, lowering the price target from $121.00 to $112.00. This revision reflects Barclays' assessment of the company's current market position and future prospects.
Other financial institutions have also updated their evaluations of Canadian National Railway. For instance, Bank of America reduced its price target from $119.00 to $112.00, maintaining a neutral stance on the stock. Similarly, Susquehanna adjusted its target from $125.00 to $115.00, also assigning a neutral rating.
Analyst Ratings
The consensus among financial analysts regarding Canadian National Railway's stock is varied. According to available data, the company has received one sell rating, six hold ratings, seven buy ratings, and four strong buy ratings. The average price target is approximately $124.02.
Financial Performance
In its latest quarterly earnings report released on October 22, 2024, Canadian National Railway reported earnings per share of $1.72, slightly surpassing the consensus estimate of $1.70. The company's revenue for the quarter was $4.11 billion, marking a 3.1% increase compared to the same period in the previous year. These figures indicate a stable financial performance during that timeframe.
Institutional Involvement
Institutional investors have shown interest in Canadian National Railway, with hedge funds and other entities adjusting their positions in the company. For example, Wellington Management Group LLP increased its holdings by 4.4% in the third quarter, owning over 18 million shares valued at approximately $2.17 billion. National Bank of Canada FI also raised its position by 46.5% during the same period.
Canadian National Railway continues to be a significant player in the North American transportation sector, with ongoing evaluations from financial institutions reflecting its dynamic market presence.
