Citi cuts target for Canadian National Railway stock to USD 143.00

Published on 10/07/2026 at 15:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 11.30 percent to USD 3.35 billion. Canadian National Railway stock costs EUR 105.65 on October 7, 2026, versus EUR 105.15.

CNI, CA1363751027, Illustration mit AI erstellt.

Canadian National Railway (CA1363751027) was trading at EUR 105.65 at Lang & Schwarz on October 7, 2026 at 3:38 p.m. CEST, plus 0.48 percent versus the prior close of EUR 105.15. On October 7, 2026, Citi cut its target for the railway from USD 151.00 to USD 143.00 while keeping a Buy rating, as The Globe and Mail reported.

Citi trims the target

The revised target is 5.30 percent below the previous USD 151.00 level, a meaningful reset even though Citi retained its Buy view. The same report placed the average Street target at USD 138.68, leaving Citi's new target USD 4.32 above that reference.

Grain volume sets a record

Operations supplied a separate positive data point on October 6, 2026. Canadian National Railway moved 7.94 million metric tonnes of Western Canadian grain in the third quarter, surpassing the previous record of 7.48 million metric tonnes set in 2020, according to GlobeNewswire.

The 0.46 million metric tonne increase equals 6.15 percent growth against that earlier record. For investors, this operating figure matters because it shows volume strength ahead of the next full financial update, while the target cut points to a more cautious valuation view.

Results arrive October 30

In the second quarter of 2026, revenue rose 11.30 percent year over year to USD 3.35 billion, while earnings per share reached USD 1.50 against a USD 1.39 consensus estimate, according to MarketBeat. Canadian National Railway is scheduled to report third-quarter 2026 results before the market opens on October 30, 2026, with management's call set for 8:30 a.m. ET, per Canadian National Railway.

Stock holds above the prior close

The Lang & Schwarz quote places the euro reference price above the EUR 105.15 prior close, while the primary NYSE listing was last at USD 117.86 on October 7, 2026 at 9:50 a.m. ET. The USD 90.74 to USD 131.55 52-week range and USD 71.3 billion market capitalization provide the broader valuation frame.

Price and investor view

Canadian National Railway was trading at EUR 105.65 at Lang & Schwarz on October 7, 2026 at 3:38 p.m. CEST, plus 0.48 percent versus the Lang & Schwarz prior close of EUR 105.15 on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Canadian National Railway stock.