Canadian National Railway (TSE:CNR) Upgraded to “Strong-Buy” at Evercore

Posted by Brenda Bartman on Jun 26th, 2026

Canadian National Railway (TSE:CNR – Get Free Report) (NYSE:CNI) was upgraded by equities research analysts at Evercore from a “hold” rating to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

Several other analysts also recently commented on the company. JPMorgan Chase & Co. raised their price objective on Canadian National Railway from C$147.00 to C$153.00 in a research note on Tuesday, April 7th. Scotia lifted their target price on Canadian National Railway from C$160.00 to C$162.00 and gave the stock a “sector outperform” rating in a research note on Thursday, April 30th. ATB Cormark Capital Markets raised their price target on Canadian National Railway from C$146.00 to C$150.00 and gave the company a “sector perform” rating in a report on Friday, April 17th. Raymond James Financial upped their price objective on shares of Canadian National Railway from C$162.00 to C$170.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Finally, TD raised their target price on shares of Canadian National Railway from C$164.00 to C$171.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Three research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$159.06.

Read Our Latest Research Report on Canadian National Railway

Canadian National Railway Trading Up 3.5%

TSE CNR opened at C$170.79 on Thursday. The company has a current ratio of 0.67, a quick ratio of 0.57 and a debt-to-equity ratio of 104.96. Canadian National Railway has a 12 month low of C$126.11 and a 12 month high of C$171.23. The company has a market capitalization of C$103.60 billion, a PE ratio of 22.50, a P/E/G ratio of 3.38 and a beta of 1.21. The stock has a 50-day simple moving average of C$158.74 and a 200 day simple moving average of C$147.25.

Canadian National Railway (TSE:CNR – Get Free Report) (NYSE:CNI) last announced its quarterly earnings results on Wednesday, April 29th. The company reported C$1.80 earnings per share for the quarter. Canadian National Railway had a net margin of 27.23% and a return on equity of 21.93%. The business had revenue of C$4.38 billion for the quarter. Research analysts forecast that Canadian National Railway will post 8.2610275 EPS for the current year.

Insider Activity at Canadian National Railway

In related news, Director Justin M. Howell purchased 350 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average cost of C$152.74 per share, for a total transaction of C$53,459.00. Following the completion of the purchase, the director owned 350 shares in the company, valued at approximately C$53,459. This represents a ∞ increase in their position. Corporate insiders own 2.64% of the company’s stock.

About Canadian National Railway

(Get Free Report)

CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.