Canadian National Railway stock: Bernstein sets USD 139.08 target

Published on 10/21/2026 at 16:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue ton-miles rose 2.80 percent through October 17, 2026. Canadian National Railway stock costs EUR 108.45 on October 21, 2026.

Analyst view and operating data

Bernstein initiated coverage with a USD 139.08 target on October 20, 2026.
Revenue ton-miles rose 2.80 percent to 4,719 in the week ended October 17, 2026.
Canadian National Railway stock costs EUR 108.45 at Lang & Schwarz on October 21, 2026 at 4:09 p.m. CEST.
Market capitalization stood at USD 73.8 billion on October 21, 2026.

CNI, CA1363751027, Illustration mit AI erstellt.

Canadian National Railway Company (ISIN CA1363751027) received a new analyst view on October 20, 2026, when Bernstein initiated coverage with a Hold rating and a USD 139.08 target, according to Futu News. That target is 13.98 percent above the USD 122.02 NYSE quote at 10:20 a.m. ET on October 21, 2026. At Lang & Schwarz, the stock was trading at EUR 108.45 on October 21, 2026 at 4:09 p.m. CEST.

Bernstein adds a fresh target

Bernstein analyst Alex Irving assigned the Hold rating and the USD 139.08 target when starting coverage, giving investors a new benchmark ahead of CN's third-quarter reporting date. The target distance is calculated against the same-day USD 122.02 US quote, not against the euro quotation.

The latest analyst action follows a more cautious tone from Raymond James. On October 19, 2026, the firm cut its rating to Market Perform from Outperform and lowered its target to CAD 195.00 from CAD 200.00, according to Markets Insider.

Weekly rail measures diverge

CN's investor page reported 4,719 revenue ton-miles for the October 11 to October 17, 2026 period, up 2.80 percent from the comparable week. Carloads totaled 102,633, down 3.00 percent, while average train speed reached 20 miles per hour, up 6.00 percent, according to CN.

Valuation and peer comparison

The NYSE quote of USD 122.02 put Canadian National Railway at a market capitalization of USD 73.8 billion and a trailing P/E ratio of 22.06 on October 21, 2026. Its 52-week range was USD 90.74 to USD 131.55, placing the quote 7.24 percent below the high. The company operates in the Industrials sector and the Railroads industry.

Comparison with peers

Canadian National Railway (NYSE, USD): P/E 22.06, market capitalization USD 73.8 billion.
Union Pacific (NYSE, USD): up 0.84 percent on October 21, 2026, P/E 23.46, market capitalization USD 172.3 billion.
CSX (Nasdaq, USD): up 0.51 percent on October 21, 2026, P/E 27.93, market capitalization USD 89.5 billion.

Stock position for investors

The figures point to a mixed operating week rather than a uniform volume trend. Bernstein's USD 139.08 target provides a higher valuation reference, while the 52-week range shows that the current US quote remains below its annual peak.

Canadian National Railway was trading at EUR 108.45 at Lang & Schwarz on October 21, 2026 at 4:09 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Canadian National Railway stock.