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

$74.38 -2.68 (-3.48%)

(As of 11/26/2024 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 18 Analyst Ratings

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
25.95% 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 25.95% from the current price of $74.38.

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CP Analyst Ratings Over Time

Type	Current Forecast 11/27/23 to 11/26/24	1 Month Ago 10/28/23 to 10/27/24	3 Months Ago 8/29/23 to 8/28/24	1 Year Ago 11/27/22 to 11/27/23
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)	11 Buy rating(s)	12 Buy rating(s)	12 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	9 Hold rating(s)	5 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	$93.95	$96.56	$93.73
Forecasted Upside	25.95% Upside	21.84% Upside	16.96% Upside	34.60% 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	Transportation Companies	S&P 500
Consensus Rating Score	2.61	2.58	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	26.67% Upside	32.47% Upside	6.74% Upside
News Sentiment Rating	Positive News See Recent CP News	Positive News	Positive 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
11/12/2024	Citigroup 3 of 5 stars	A. Rosa Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$98.00 ➝ $91.00	+18.17%
10/28/2024	Stephens 4 of 5 stars		Lower Target	Equal Weight ➝ Equal Weight	$85.00 ➝ $81.00	+4.46%
10/24/2024	Benchmark 2 of 5 stars		Reiterated Rating	Hold
10/24/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$94.00 ➝ $91.00	+15.47%
10/24/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Majors Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Positive	$94.00 ➝ $92.00	+16.74%
10/11/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$83.00 ➝ $82.00	+0.31%
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10/9/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$91.98 ➝ $91.25	+14.11%
9/25/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$89.00 ➝ $91.00	+6.37%
9/25/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$95.00 ➝ $97.00	+13.09%
7/17/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$105.00 ➝ $100.00	+19.65%
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 ➝ Sector Outperform
6/7/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$90.00	+14.72%
4/25/2024	Evercore Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$90.00 ➝ $89.00	+8.14%
4/22/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$120.00 ➝ $130.00	+51.00%
1/8/2024	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Positive ➝ Neutral	$90.00 ➝ $87.00	+11.13%
1/8/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
12/21/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$121.00 ➝ $116.00	+48.30%
11/27/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$85.00 ➝ $77.00	+6.66%
10/26/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$133.00 ➝ $128.00	+83.41%
10/26/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$128.00 ➝ $125.00	+79.68%
9/5/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight ➝ Equal Weight	$100.00	+24.42%
8/9/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$87.00 ➝ $88.00	+8.41%
8/9/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$87.00 ➝ $88.00	+8.37%
6/6/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy ➝ Buy
5/16/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$92.00	+10.94%
2/1/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$128.00 ➝ C$125.00
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
12/16/2022	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$105.00 ➝ C$106.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 05:18 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 Sunday, November 24, 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:

The company recently reported a year-over-year revenue increase of 6.3%, indicating strong growth potential in its operations.
Canadian Pacific Kansas City Limited has a solid net margin of 24.50%, which suggests efficient management and profitability.
The stock is currently priced at $73.53, which may present a buying opportunity given analysts' average target price of $93.68, indicating potential upside.
Analysts have issued a consensus rating of "Moderate Buy," with eleven analysts recommending a buy, reflecting positive sentiment in the market.
The company has a low dividend payout ratio of 20.00%, allowing for reinvestment in growth while still providing a dividend yield of 0.76% to shareholders.

Canadian Pacific Kansas City
Bear Case

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

The company missed earnings expectations by $0.02, reporting $0.99 EPS compared to the consensus estimate of $1.01, which may raise concerns about its short-term performance.
Recent price target adjustments by analysts, including a decrease from $98.00 to $91.00 by Citigroup, could indicate a lack of confidence in the stock's near-term growth.
The stock has experienced volatility, with a twelve-month low of $69.27, suggesting potential risks for investors looking for stability.
With a current ratio of 0.53, the company may face liquidity challenges, indicating that it might struggle to cover short-term obligations.
The company's beta of 0.98 suggests that its stock price is nearly as volatile as the market, which could be a concern for risk-averse investors.

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 25.95% 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.

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Video: Blindfolded Man Gets Into a Cybertruck… What Happens Next Will Shock You (Ad)

“Hi, I’m Jeff Brown… Even though I can’t see a thing… I’m about to get in this Cybertruck and drive up to a location just a few miles from here to show you Elon Musk’s next AI product. I promise what happens next will shock you…”

Click here to see what happened

This page (NYSE:CP) was last updated on 11/26/2024 by MarketBeat.com Staff

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