Investment Analysts’ Recent Ratings Updates for Canadian National Railway (CNR)

A number of research firms have changed their ratings and price targets for Canadian National Railway (TSE: CNR):

• 7/16/2026 – Canadian National Railway had its price target raised by Scotiabank from C$162.00 to C$194.00.
• 7/16/2026 – Canadian National Railway had its price target raised by Sanford C. Bernstein from C$163.00 to C$196.00.
• 7/15/2026 – Canadian National Railway was upgraded by Citizens Jmp to “hold”.
• 7/14/2026 – Canadian National Railway was downgraded by Susquehanna from “strong-buy” to “hold”.
• 7/14/2026 – Canadian National Railway had its price target raised by Raymond James Financial, Inc. from C$170.00 to C$198.00. They now have an “outperform” rating on the stock.
• 7/10/2026 – Canadian National Railway had its price target raised by ATB Cormark Capital Markets from C$150.00 to C$166.00. They now have a “sector perform” rating on the stock.
• 7/10/2026 – Canadian National Railway had its price target raised by TD from C$171.00 to C$191.00.
• 7/10/2026 – Canadian National Railway had its price target raised by JPMorgan Chase & Co. from C$156.00 to C$175.00.
• 7/9/2026 – Canadian National Railway had its price target raised by Desjardins from C$163.00 to C$185.00. They now have a “buy” rating on the stock.
• 7/8/2026 – Canadian National Railway was upgraded by Stephens to “hold”.
• 6/26/2026 – Canadian National Railway had its price target raised by National Bank Financial from C$164.00 to C$173.00. They now have a “sector perform” rating on the stock.
• 6/25/2026 – Canadian National Railway was upgraded by Evercore Inc from “hold” to “strong-buy”.
• 6/24/2026 – Canadian National Railway had its price target raised by Royal Bank Of Canada from C$178.00 to C$195.00. They now have an “outperform” rating on the stock.

Insider Buying and Selling

In related news, Director Justin M. Howell purchased 350 shares of the company’s stock in a transaction on Friday, May 15th. The shares were bought at an average cost of C$152.74 per share, for a total transaction of C$53,459.00. Following the transaction, the director owned 350 shares of the company’s stock, valued at C$53,459. This represents a ∞ increase in their ownership of the stock. Insiders own 2.64% of the company’s stock.

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.