CN Rail and CP Kansas City Price Targets Raised at Desjardins

MT Newswires Live07-09 20:08

Desjardins raised its price targets on Canadian National Railway (CNR.TO, CNI) to C$185 from C$163, and on Canadian Pacific Kansas City (CP.TO) to C$141 from C$131.

Analyst Benoit Poirier maintained a Buy rating on both Canadian railroads.

"We are encouraged by the latest macro trends and positive volume backdrop, which nicely position both railroads heading into 2Q26 reporting (slight preference for CN in the short term)," Poirier said in a note to clients.

"Our revised multiples are closer to their five-year averages, which is justified in light of the improved macro and encouraging volume backdrop," the analyst said.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2650921983?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-09 20:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2650921983","market":"sh","top_or_hot":-1,"title":"CN Rail and CP Kansas City Price Targets Raised at Desjardins","media":"MT Newswires Live","content":"<html><body><p> Desjardins raised its price targets on Canadian National Railway (CNR.TO, CNI) to C$185 from C$163, and on Canadian Pacific Kansas City (CP.TO) to C$141 from C$131.</p><p>Analyst Benoit Poirier maintained a Buy rating on both Canadian railroads.</p><p>\"We are encouraged by the latest macro trends and positive volume backdrop, which nicely position both railroads heading into 2Q26 reporting (slight preference for CN in the short term),\" Poirier said in a note to clients.</p><p>\"Our revised multiples are closer to their five-year averages, which is justified in light of the improved macro and encouraging volume backdrop,\" the analyst said.</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CN Rail and CP Kansas City Price Targets Raised at Desjardins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCN Rail and CP Kansas City Price Targets Raised at Desjardins\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-07-09 20:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Desjardins raised its price targets on Canadian National Railway (CNR.TO, CNI) to C$185 from C$163, and on Canadian Pacific Kansas City (CP.TO) to C$141 from C$131.</p><p>Analyst Benoit Poirier maintained a Buy rating on both Canadian railroads.</p><p>\"We are encouraged by the latest macro trends and positive volume backdrop, which nicely position both railroads heading into 2Q26 reporting (slight preference for CN in the short term),\" Poirier said in a note to clients.</p><p>\"Our revised multiples are closer to their five-year averages, which is justified in light of the improved macro and encouraging volume backdrop,\" the analyst said.</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CP","symbol_name":"加拿大太平洋铁路","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2650921983","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2650921983","pubTimestamp":1783598928,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Desjardins raised its price targets on Canadian National Railway (CNR.TO, CNI) to C$185 from C$163, and on Canadian Pacific Kansas City (CP.TO) to C$141 from C$131.Analyst Benoit Poirier maintained a ","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"CP":"加拿大太平洋铁路","CN":"Xtrackers MSCI All China Equity ETF"},"translate_title":"Desjardins上调CN Rail和CP Kansas City价格目标","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CN":1.5,"CP":1.5},"content_text":"Desjardins raised its price targets on Canadian National Railway (CNR.TO, CNI) to C$185 from C$163, and on Canadian Pacific Kansas City (CP.TO) to C$141 from C$131.Analyst Benoit Poirier maintained a Buy rating on both Canadian railroads.\"We are encouraged by the latest macro trends and positive volume backdrop, which nicely position both railroads heading into 2Q26 reporting (slight preference for CN in the short term),\" Poirier said in a note to clients.\"Our revised multiples are closer to their five-year averages, which is justified in light of the improved macro and encouraging volume backdrop,\" the analyst said.(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2650921983","isCrawlerRequest":true}