Canadian Pacific Kansas City (CP) Stock Forecast & Price Target

C$110.01

-0.55 (-0.50%)

(As of 10/8/2024 ET)

Canadian Pacific Kansas City - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 13 Analyst Ratings

Sell
0

Hold
4

Buy
9

Based on 13 Wall Street analysts who have issued ratings for Canadian Pacific Kansas City in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 4 have given a hold rating, and 9 have given a buy rating for CP.

Consensus Price Target

C$122.93
11.74% Upside

According to the 13 analysts' twelve-month price targets for Canadian Pacific Kansas City, the average price target is C$122.93. The highest price target for CP is C$137.00, while the lowest price target for CP is C$83.00. The average price target represents a forecasted upside of 11.74% from the current price of C$110.01.

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CP Analyst Ratings Over Time

Type	Current Forecast 10/9/23 to 10/8/24	1 Month Ago 9/9/23 to 9/8/24	3 Months Ago 7/11/23 to 7/10/24	1 Year Ago 10/9/22 to 10/9/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	9 Buy rating(s)	9 Buy rating(s)	7 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$122.93	C$123.87	C$121.25	C$119.46
Forecasted Upside	11.74% Upside	10.21% Upside	9.63% Upside	20.01% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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CP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Canadian Pacific Kansas City Stock vs. The Competition

Type	Canadian Pacific Kansas City	Industrials Companies
Consensus Rating Score	2.69	2.70
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent CP News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/8/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Overweight	C$136.00 ➝ C$137.00	+24.83%
9/30/2024	Royal Bank of Canada 4 of 5 stars		Boost Target	Outperform	C$133.00 ➝ C$137.00	+19.02%
9/25/2024	Barclays 3 of 5 stars		Boost Target	Buy	C$95.00 ➝ C$97.00	-15.85%
7/31/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform	C$122.00 ➝ C$126.00	+9.14%
7/31/2024	ATB Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$130.00 ➝ C$133.00	+15.20%
7/31/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	C$115.00 ➝ C$120.00	+3.94%
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7/31/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	C$131.00 ➝ C$132.00	+14.34%
7/10/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Gupta Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Outperform	C$124.00 ➝ C$130.00	+18.40%
6/27/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Sector Perform	C$119.00	+9.40%
4/22/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$120.00 ➝ C$130.00	+9.70%
4/8/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$125.00 ➝ C$133.00	+11.04%
3/27/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$124.00 ➝ C$130.00	+8.41%
1/4/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	C$78.00 ➝ C$83.00	-21.93%
10/26/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$117.00 ➝ C$114.00	+17.93%
10/4/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$110.00 ➝ C$109.00	+8.55%
7/12/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$108.00 ➝ C$111.00	+5.21%
12/20/2022	Atb Cap Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Murray Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:11 PM ET.

Should I Buy Canadian Pacific Kansas City Stock? CP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, October 1, 2024. Please send any questions or comments about these Canadian Pacific Kansas City pros and cons to contact@marketbeat.com.

Canadian Pacific Kansas City
Bull Case

Here are some ways that investors could benefit from investing in Canadian Pacific Kansas City Limited:

Canadian Pacific Kansas City Limited's stock recently crossed above its two hundred day moving average, indicating a potential uptrend in the stock price.
The company reported strong quarterly earnings, surpassing analysts' expectations, which reflects positive financial performance.
Canadian Pacific Kansas City Limited announced a quarterly dividend, providing investors with a steady income stream.
The company has a solid net margin of 24.46%, indicating efficient cost management and profitability.
Analysts have given the company a consensus price target of C$121.67, suggesting potential for stock price appreciation.

Canadian Pacific Kansas City
Bear Case

Investors should be bearish about investing in Canadian Pacific Kansas City Limited for these reasons:

The company's debt-to-equity ratio is high at 50.47, which may indicate higher financial risk and leverage.
Canadian Pacific Kansas City Limited's current ratio of 0.51 and quick ratio of 0.42 are relatively low, raising concerns about liquidity and ability to meet short-term obligations.
Insiders have been selling significant amounts of company stock in recent months, which could signal lack of confidence in future performance.
The stock price has experienced a 1.1% decline, indicating potential volatility and market uncertainty.
While the company has received positive analyst ratings, there are still four analysts with a hold rating, suggesting mixed opinions on the stock.

CP Forecast - Frequently Asked Questions

: According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian Pacific Kansas City is C$122.93, with a high forecast of C$137.00 and a low forecast of C$83.00.
: 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Pacific Kansas City in the last twelve months. There are currently 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CP shares.
: According to analysts, Canadian Pacific Kansas City's stock has a predicted upside of 11.74% based on their 12-month stock forecasts.
: Over the previous 90 days, Canadian Pacific Kansas City's stock had 1 upgrade by analysts.
: Canadian Pacific Kansas City has been rated by research analysts at ATB Capital, Barclays, Desjardins, JPMorgan Chase & Co., Royal Bank of Canada, Sanford C. Bernstein, Scotiabank, and TD Securities in the past 90 days.
: Analysts like Canadian Pacific Kansas City less than other "industrials" companies. The consensus rating score for Canadian Pacific Kansas City is 2.69 while the average consensus rating score for "industrials" companies is 2.70. Learn more on how CP compares to other companies.