Canadian National Railway (CNR) – Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of Canadian National Railway (TSE: CNR) recently:

• 11/11/2025 – Canadian National Railway had its price target raised by analysts at Berenberg Bank from C$148.00 to C$152.00.
• 11/3/2025 – Canadian National Railway had its price target raised by analysts at ATB Capital from C$150.00 to C$151.00. They now have a “sector perform” rating on the stock.
• 11/3/2025 – Canadian National Railway had its price target raised by analysts at CIBC from C$140.00 to C$146.00. They now have a “neutral” rating on the stock.
• 11/3/2025 – Canadian National Railway had its price target raised by analysts at Scotiabank from C$150.00 to C$160.00. They now have an “outperform” rating on the stock.
• 11/3/2025 – Canadian National Railway had its price target raised by analysts at Citigroup Inc. from C$119.00 to C$120.00. They now have a “buy” rating on the stock.
• 11/3/2025 – Canadian National Railway had its price target raised by analysts at Royal Bank Of Canada from C$148.00 to C$158.00. They now have an “outperform” rating on the stock.
• 10/8/2025 – Canadian National Railway had its price target lowered by analysts at JPMorgan Chase & Co. from C$154.00 to C$153.00. They now have a “neutral” rating on the stock.
• 10/6/2025 – Canadian National Railway had its price target lowered by analysts at Desjardins from C$155.00 to C$151.00. They now have a “buy” rating on the stock.
• 10/3/2025 – Canadian National Railway had its price target lowered by analysts at Scotiabank from C$153.00 to C$150.00. They now have an “outperform” rating on the stock.
• 9/30/2025 – Canadian National Railway had its price target lowered by analysts at Sanford C. Bernstein from C$149.00 to C$148.00.
• 9/23/2025 – Canadian National Railway had its price target lowered by analysts at CIBC from C$148.00 to C$140.00. They now have a “neutral” rating on the stock.

Canadian National Railway Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 29th were issued a $0.8875 dividend. This represents a $3.55 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Monday, September 8th. Canadian National Railway’s dividend payout ratio (DPR) is presently 47.66%.

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%).