---
title: "Canadian National Railway (TSE:CNR) Shares Pass Above Two Hundred Day Moving Average   - Here's What Happened"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297130464.md"
description: "Canadian National Railway (CNR) shares rose above their 200-day moving average, trading at C$176.97. Multiple analysts upgraded price targets and ratings, including BMO, TD, Scotiabank, RBC, and Wells Fargo, citing strong fundamentals. The company reported Q2 EPS of C$2.08 with a net margin of 26.92%. Despite a 'Moderate Buy' consensus, top analysts recommend other stocks over CNR for immediate investment."
datetime: "2026-08-27T06:00:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297130464.md)
  - [en](https://longbridge.com/en/news/297130464.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297130464.md)
generator: "portal-rs"
---

# Canadian National Railway (TSE:CNR) Shares Pass Above Two Hundred Day Moving Average   - Here's What Happened

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$159.94 and traded as high as C$178.25. Canadian National Railway shares last traded at C$176.97, with a volume of 617,136 shares changing hands.

## Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. BMO Capital Markets raised their price target on shares of Canadian National Railway from C$180.00 to C$195.00 in a research report on Monday, July 27th. TD lifted their price objective on shares of Canadian National Railway from C$191.00 to C$205.00 and gave the company a "buy" rating in a research note on Monday, July 27th. Scotiabank upped their price objective on shares of Canadian National Railway from C$162.00 to C$194.00 in a report on Thursday, July 16th. Royal Bank Of Canada increased their price objective on shares of Canadian National Railway from C$195.00 to C$205.00 and gave the stock an "outperform" rating in a research note on Monday, July 27th. Finally, Wells Fargo & Company raised their target price on shares of Canadian National Railway from C$135.00 to C$145.00 and gave the stock an "overweight" rating in a report on Monday, July 27th. Three investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of C$183.29.

**Read Our Latest Research Report on Canadian National Railway**

## Canadian National Railway Stock Performance

The stock has a market capitalization of C$107.05 billion, a price-to-earnings ratio of 22.72, a price-to-earnings-growth ratio of 3.38 and a beta of 1.19. The firm has a fifty day moving average of C$175.16 and a 200 day moving average of C$159.94. The company has a debt-to-equity ratio of 103.26, a current ratio of 0.87 and a quick ratio of 0.57. 

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI last announced its quarterly earnings results on Friday, July 24th. The company reported C$2.08 earnings per share for the quarter. Canadian National Railway had a return on equity of 22.19% and a net margin of 26.92%.The company had revenue of C$4.75 billion during the quarter. On average, sell-side analysts anticipate that Canadian National Railway will post 8.2610275 earnings per share for the current fiscal year. 

## 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. 

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*This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**