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

Canadian Pacific Kansas City logo
$74.87 +1.34 (+1.82%)
(As of 02:52 PM 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
7
Buy
11

Based on 18 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 18 analysts, 7 have given a hold rating, and 11 have given a buy rating for CP.

Consensus Price Target

$93.68
25.13% Upside
According to the 18 analysts' twelve-month price targets for Canadian Pacific Kansas City, the average price target is $93.68. The highest price target for CP is $130.00, while the lowest price target for CP is $77.00. The average price target represents a forecasted upside of 25.13% from the current price of $74.87.
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CP Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
11 Buy rating(s)
12 Buy rating(s)
12 Buy rating(s)
13 Buy rating(s)
Hold
7 Hold rating(s)
8 Hold rating(s)
9 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$93.68$97.90$96.56$95.13
Forecasted Upside25.13% Upside22.92% Upside17.71% Upside34.01% 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 CityTransportation CompaniesS&P 500
Consensus Rating Score
2.61
2.58
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside25.30% Upside33.86% Upside8.50% Upside
News Sentiment Rating
Positive News

See Recent CP News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/12/2024Citigroup
3 of 5 stars
A. Rosa
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Lower TargetBuy ➝ Buy$98.00 ➝ $91.00+18.17%
10/28/2024Stephens
4 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$85.00 ➝ $81.00+4.46%
10/24/2024Benchmark
2 of 5 stars
 Reiterated RatingHold
10/24/2024Bank of America
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 Lower TargetBuy ➝ Buy$94.00 ➝ $91.00+15.47%
10/24/2024Susquehanna
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B. Majors
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UpgradeNeutral ➝ Positive$94.00 ➝ $92.00+16.74%
10/11/2024Stifel Nicolaus
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 Lower TargetHold ➝ Hold$83.00 ➝ $82.00+0.31%
10/9/2024Sanford C. Bernstein
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 Lower TargetMarket Perform ➝ Market Perform$91.98 ➝ $91.25+14.11%
9/25/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$89.00 ➝ $91.00+6.37%
9/25/2024Barclays
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 Boost TargetOverweight ➝ Overweight$95.00 ➝ $97.00+13.09%
7/17/2024Jefferies Financial Group
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 Lower TargetBuy$105.00 ➝ $100.00+19.65%
7/10/2024Scotiabank
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K. Gupta
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UpgradeSector Perform ➝ Sector Outperform
6/7/2024Wells Fargo & Company
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 Initiated CoverageOverweight$90.00+14.72%
4/25/2024Evercore
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 Lower TargetOutperform$90.00 ➝ $89.00+8.14%
4/22/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$120.00 ➝ $130.00+51.00%
1/8/2024Susquehanna Bancshares
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 DowngradePositive ➝ Neutral$90.00 ➝ $87.00+11.13%
1/8/2024TD Securities
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 DowngradeBuy ➝ Hold
12/21/2023JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$121.00 ➝ $116.00+48.30%
11/27/2023Deutsche Bank Aktiengesellschaft
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 DowngradeBuy ➝ Hold$85.00 ➝ $77.00+6.66%
10/26/2023Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$133.00 ➝ $128.00+83.41%
10/26/2023BMO Capital Markets
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 Lower TargetOutperform ➝ Outperform$128.00 ➝ $125.00+79.68%
9/5/2023Morgan Stanley
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 Initiated CoverageOverweight ➝ Equal Weight$100.00+24.42%
8/9/2023Credit Suisse Group
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 Boost TargetNeutral ➝ Neutral$87.00 ➝ $88.00+8.41%
8/9/2023CSFB
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 Boost TargetNeutral$87.00 ➝ $88.00+8.37%
6/6/2023The Goldman Sachs Group
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 Initiated CoverageBuy ➝ Buy
5/16/2023Argus
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 UpgradeHold ➝ Buy$92.00+10.94%
2/1/2023CIBC
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 Lower TargetC$128.00 ➝ C$125.00
12/20/2022Atb Cap Markets
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C. Murray
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Reiterated RatingOutperform
12/16/2022National Bank Financial
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 Boost TargetC$105.00 ➝ C$106.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 02:59 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, November 6, 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 has shown consistent revenue growth over the past year, indicating a strong financial performance.
  • The company has a moderate dividend yield of 0.68%, providing investors with a steady income stream.
  • Recent analyst ratings have been positive, with a majority of analysts giving the stock a "buy" or "outperform" rating.
  • Canadian Pacific Kansas City Limited has a solid return on equity of 8.77%, reflecting efficient use of shareholder funds.
  • Despite recent fluctuations, the stock price of Canadian Pacific Kansas City Limited has shown resilience, indicating potential stability.

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 of 0.42 may raise concerns about its leverage and financial risk.
  • Canadian Pacific Kansas City Limited's P/E ratio of 27.69 is relatively high, suggesting the stock may be overvalued.
  • Market volatility and economic uncertainties could impact the company's performance and stock price in the short term.
  • There is a possibility of regulatory changes in the transportation industry that could affect Canadian Pacific Kansas City Limited's operations.
  • The company's beta of 0.96 indicates a moderate correlation with the overall market, potentially limiting diversification benefits.

CP Forecast - Frequently Asked Questions

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian Pacific Kansas City is $93.68, with a high forecast of $130.00 and a low forecast of $77.00.

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Pacific Kansas City in the last twelve months. There are currently 7 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CP shares.

According to analysts, Canadian Pacific Kansas City's stock has a predicted upside of 25.13% 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 Bank of America, Barclays, Benchmark, Citigroup, Evercore ISI, Sanford C. Bernstein, Stephens, Stifel Nicolaus, and Susquehanna in the past 90 days.

Analysts like Canadian Pacific Kansas City more than other "transportation" companies. The consensus rating score for Canadian Pacific Kansas City is 2.61 while the average consensus rating score for "transportation" companies is 2.58. Learn more on how CP compares to other companies.


This page (NYSE:CP) was last updated on 11/21/2024 by MarketBeat.com Staff
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