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

Canadian Pacific Kansas City logo
C$104.29 -2.41 (-2.26%)
(As of 11/15/2024 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

Sell
0
Hold
4
Buy
10

Based on 14 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 14 analysts, 4 have given a hold rating, 9 have given a buy rating, and 1 has given a strong buy rating for CP.

Consensus Price Target

C$121.43
16.43% Upside
According to the 14 analysts' twelve-month price targets for Canadian Pacific Kansas City, the average price target is C$121.43. 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 16.43% from the current price of C$104.29.
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CP Analyst Ratings Over Time

TypeCurrent Forecast
11/18/23 to 11/17/24
1 Month Ago
10/19/23 to 10/18/24
3 Months Ago
8/20/23 to 8/19/24
1 Year Ago
11/18/22 to 11/18/23
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
10 Buy rating(s)
9 Buy rating(s)
11 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 TargetC$121.43C$121.13C$123.87C$112.75
Forecasted Upside16.43% Upside9.55% Upside14.06% Upside14.59% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

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.
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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.
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Canadian Pacific Kansas City Stock vs. The Competition

TypeCanadian Pacific Kansas CityIndustrials Companies
Consensus Rating Score
2.79
2.72
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Neutral News

See Recent CP News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/24/2024Susquehanna
2 of 5 stars
B. Majors
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UpgradeHold ➝ Strong-Buy
10/24/2024Desjardins
2 of 5 stars
 Lower TargetBuyC$132.00 ➝ C$131.00+20.02%
10/24/2024Royal Bank of Canada
4 of 5 stars
 Lower TargetOutperformC$137.00 ➝ C$134.00+22.77%
10/24/2024ATB Capital
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 Boost TargetOutperformC$133.00 ➝ C$134.00+22.77%
10/24/2024National Bankshares
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 Boost TargetSector PerformC$107.00 ➝ C$119.00+9.02%
10/9/2024Sanford C. Bernstein
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 Lower TargetC$126.00 ➝ C$125.00+14.01%
10/9/2024Citigroup
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A. Rosa
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Set TargetBuyC$97.00-11.53%
10/8/2024JPMorgan Chase & Co.
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 Boost TargetOverweightC$136.00 ➝ C$137.00+24.83%
9/25/2024Barclays
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 Boost TargetBuyC$95.00 ➝ C$97.00-15.85%
7/31/2024TD Securities
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 Boost TargetHoldC$115.00 ➝ C$120.00+3.94%
7/10/2024Scotiabank
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K. Gupta
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UpgradeSector Perform ➝ OutperformC$124.00 ➝ C$130.00+18.40%
4/22/2024Raymond James
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 Boost TargetOutperformC$120.00 ➝ C$130.00+9.70%
4/8/2024BMO Capital Markets
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 Boost TargetC$125.00 ➝ C$133.00+11.04%
3/27/2024CIBC
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 Boost TargetOutperformC$124.00 ➝ C$130.00+8.41%
1/4/2024Stephens
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 Boost TargetEqual WeightC$78.00 ➝ C$83.00-21.93%
10/26/2023UBS Group
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 Lower TargetC$117.00 ➝ C$114.00+17.93%
10/4/2023National Bank Financial
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 Lower TargetC$110.00 ➝ C$109.00+8.55%
7/12/2023Berenberg Bank
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 Boost TargetC$108.00 ➝ C$111.00+5.21%
12/20/2022Atb Cap Markets
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C. Murray
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Reiterated RatingOutperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 02:41 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 Wednesday, October 30, 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

green Wall Street bull icon

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

  • Canadian Pacific Kansas City Limited stock has crossed above its two hundred day moving average, indicating a potential uptrend in the stock price. This can be a positive signal for investors looking for growth opportunities.
  • The company has a strong market capitalization of C$104.13 billion, reflecting its stability and size in the market. A higher market capitalization can indicate a more established and reliable company.
  • Canadian Pacific Kansas City Limited reported earnings per share (EPS) of C$1.05 for the last quarter, surpassing analysts' estimates. This positive earnings performance can attract investors seeking profitable companies.
  • The company has a dividend payout ratio (DPR) of 20.38%, which signifies that it distributes a portion of its earnings to shareholders as dividends. Investors looking for regular income streams may find this appealing.
  • Analysts have provided positive ratings for Canadian Pacific Kansas City Limited, with a consensus price target of C$121.67. This favorable outlook from analysts can instill confidence in potential investors.

Canadian Pacific Kansas City
Bear Case

red Wall Street bear icon

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, indicating a significant level of debt compared to equity. High debt levels can pose risks during economic downturns or high-interest rate environments.

CP Forecast - Frequently Asked Questions

According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian Pacific Kansas City is C$121.43, with a high forecast of C$137.00 and a low forecast of C$83.00.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Pacific Kansas City in the last year. There are currently 4 hold ratings, 9 buy ratings and 1 strong buy rating 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 16.43% 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, Citigroup, Desjardins, JPMorgan Chase & Co., National Bankshares, Royal Bank of Canada, Sanford C. Bernstein, and Susquehanna in the past 90 days.

Analysts like Canadian Pacific Kansas City more than other "industrials" companies. The consensus rating score for Canadian Pacific Kansas City is 2.79 while the average consensus rating score for "industrials" companies is 2.72. Learn more on how CP compares to other companies.


This page (TSE:CP) was last updated on 11/17/2024 by MarketBeat.com Staff
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