On May 2, 2025, Scotiabank analyst Konark Gupta announced the decision to maintain the rating for Canadian National Railway (CNR, Financial) at "Sector Outperform." The analyst, however, has lowered the price target from CAD 166.00 to CAD 160.00, reflecting a decrease of 3.61%.
Despite maintaining its positive outlook on CNR, Scotiabank's revised price target indicates a recalibration based on current market evaluations. CNR continues to be a significant player in the railway sector, and the "Sector Outperform" rating suggests expected performance above the sector average.
Investors should note that the price target adjustment reflects the latest insights and analysis by Scotiabank, with the recommendation remaining positive at its current rating.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Core Natural Resources Inc (CNR, Financial) is $139.00 with a high estimate of $142.00 and a low estimate of $135.00. The average target implies an upside of 88.63% from the current price of $73.69. More detailed estimate data can be found on the Core Natural Resources Inc (CNR) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Core Natural Resources Inc's (CNR, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Core Natural Resources Inc (CNR, Financial) in one year is $136.01, suggesting a upside of 84.57% from the current price of $73.69. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Core Natural Resources Inc (CNR) Summary page.
