Desjardins Issues Positive Forecast for Canadian Pacific Kansas City (TSE:CP) Stock Price

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP had its target price raised by investment analysts at Desjardins from C$133.00 to C$134.00 in a research note issued to investors on Thursday,BayStreet.CA reports. The firm presently has a "buy" rating on the stock. Desjardins' price objective indicates a potential upside of 23.05% from the stock's previous close. Desjardins also issued estimates for Canadian Pacific Kansas City's Q1 2025 earnings at $1.10 EPS, Q2 2025 earnings at $1.22 EPS, Q3 2025 earnings at $1.20 EPS, Q4 2025 earnings at $1.46 EPS, FY2025 earnings at $4.98 EPS, FY2026 earnings at $5.81 EPS, FY2027 earnings at $6.69 EPS and FY2028 earnings at $7.58 EPS.

Other research analysts have also issued reports about the company. JPMorgan Chase & Co. increased their price objective on Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 8th. Susquehanna upgraded Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research report on Thursday, October 24th. Wolfe Research upgraded Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, January 8th. Stephens raised Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a report on Monday, January 6th. Finally, Citigroup set a C$97.00 price target on Canadian Pacific Kansas City and gave the stock a "buy" rating in a report on Wednesday, October 9th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of C$124.07.

Canadian Pacific Kansas City Stock Performance

TSE:CP traded down C$6.60 during mid-day trading on Thursday, reaching C$108.90. The stock had a trading volume of 4,238,126 shares, compared to its average volume of 1,488,560. Canadian Pacific Kansas City has a one year low of C$101.76 and a one year high of C$123.37. The company has a 50 day moving average price of C$107.86. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 50.47. The company has a market capitalization of C$101.62 billion, a PE ratio of 29.20, a P/E/G ratio of 2.32 and a beta of 0.79.

Insider Transactions at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer Keith E. Creel sold 51,727 shares of the firm's stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of C$104.91, for a total value of C$5,426,615.01. Also, Senior Officer James Dominic Luther Clements sold 15,657 shares of the business's stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of C$106.30, for a total value of C$1,664,359.45. Insiders sold a total of 88,994 shares of company stock worth $9,572,099 over the last three months. 0.03% of the stock is currently owned by insiders.

Canadian Pacific Kansas City Company Profile

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.