The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 11 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the ground freight & logistics peer group is "buy"
Wall Street's median 12-month price target for Canadian National Railway Co is C$174.00, about 5.4% below its July 23 closing price of C$183.92
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 18 three months ago
2026 outlook raised
Canadian National Railway raises 2026 guidance to low single-digit revenue ton miles (RTM) growth
Company now expects 2026 adjusted diluted EPS growth in mid-to-high single digits
CN notes heightened demand risk from volatile macroeconomic conditions and global trade tensions