Raymond James Issues Pessimistic Forecast for Canadian Pacific Kansas City (TSE:CP) Stock Price

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP had its price target dropped by equities researchers at Raymond James from C$130.00 to C$115.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. Raymond James' price target would suggest a potential upside of 14.30% from the company's previous close. Raymond James also issued estimates for Canadian Pacific Kansas City's Q1 2025 earnings at $1.05 EPS, Q2 2025 earnings at $1.14 EPS, Q3 2025 earnings at $1.18 EPS, Q4 2025 earnings at $1.32 EPS, FY2025 earnings at $4.70 EPS and FY2026 earnings at $5.50 EPS.

Other research analysts have also issued research reports about the stock. Royal Bank of Canada decreased their price target on shares of Canadian Pacific Kansas City from C$128.00 to C$122.00 and set an "outperform" rating on the stock in a research note on Monday, March 31st. ATB Capital lowered their target price on Canadian Pacific Kansas City from C$130.00 to C$128.00 and set an "outperform" rating on the stock in a research note on Friday, April 11th. National Bankshares reduced their price target on Canadian Pacific Kansas City from C$123.00 to C$118.00 and set a "sector perform" rating for the company in a research note on Thursday, April 3rd. Wolfe Research upgraded Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, January 8th. Finally, CIBC reduced their target price on shares of Canadian Pacific Kansas City from C$128.00 to C$124.00 and set an "outperform" rating for the company in a research report on Tuesday, March 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, Canadian Pacific Kansas City has a consensus rating of "Moderate Buy" and an average price target of C$122.38.

Canadian Pacific Kansas City Stock Performance

CP stock traded down C$0.63 during midday trading on Tuesday, reaching C$100.61. 303,424 shares of the company were exchanged, compared to its average volume of 1,684,740. Canadian Pacific Kansas City has a one year low of C$94.60 and a one year high of C$119.20. The firm has a market capitalization of C$94.04 billion, a price-to-earnings ratio of 26.56, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. The business has a 50-day moving average price of C$104.94 and a two-hundred day moving average price of C$107.20. The company has a debt-to-equity ratio of 49.64, a current ratio of 0.53 and a quick ratio of 0.42.

Insider Buying and Selling at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer Laird Joseph Pitz sold 18,710 shares of the business's stock in a transaction on Friday, January 31st. The shares were sold at an average price of C$116.16, for a total transaction of C$2,173,430.39. Company insiders own 0.03% of the company's stock.

About Canadian Pacific Kansas City

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.