Canadian National Railway (TSX:CNR) has just reset its relationship with Amtrak through a new eight year operating agreement that covers passenger service on its U.S. rail lines and closes a long running regulatory dispute.
For investors watching price action, Canadian National Railway's share price has eased 4.62% over the past month after a 5.01% gain across 90 days. The year to date share price return of 21.74% and 1 year total shareholder return of 33.14% indicate firm momentum building off a longer, slower 3 and 5 year total shareholder return profile of 20.86% and 26.81%, as the Amtrak deal and a run of conference appearances keep the story in focus.
Scan the rail theme beyond Canadian National Railway by comparing this agreement driven momentum with other transport and infrastructure plays screened in the list of solid balance sheet and fundamentals (7 results).
Canadian National Railway now trades below the average analyst target and above some intrinsic value estimates. After this recent run, where does fair value actually land in that spread?
Most Popular Narrative: 12% Undervalued
On the numbers used in the most followed narrative, Canadian National Railway screens as un...