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

$85.56

-0.30 (-0.35%)

(As of 09/23/2024 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 20 Analyst Ratings

Based on 20 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 20 analysts, 8 have given a hold rating, and 12 have given a buy rating for CP.

Consensus Price Target

$96.36
12.62% Upside

High Forecast	$130.00
Average Forecast	$96.36
Low Forecast	$77.00

According to the 20 analysts' twelve-month price targets for Canadian Pacific Kansas City, the average price target is $96.36. 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 12.62% from the current price of $85.56.

Type	Current Forecast 9/24/23 to 9/23/24	1 Month Ago 8/25/23 to 8/24/24	3 Months Ago 6/26/23 to 6/25/24	1 Year Ago 9/24/22 to 9/24/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	12 Buy rating(s)	12 Buy rating(s)	11 Buy rating(s)	12 Buy rating(s)
Hold	8 Hold rating(s)	9 Hold rating(s)	11 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	$96.36	$96.56	$96.32	$87.54
Forecasted Upside	12.62% Upside	22.69% Upside	21.86% Upside	12.86% Upside

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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	2.60	2.56	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	12.23% Upside	30.81% Upside	7.41% Upside
News Sentiment Rating	Positive 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
7/31/2024	Susquehanna 2 of 5 stars		Reiterated Rating	Neutral ➝ Neutral	$80.00 ➝ $80.00	-4.72%
7/17/2024	Jefferies Financial Group 2 of 5 stars		Lower Target	Buy	$105.00 ➝ $100.00	+19.65%
7/17/2024	Stifel Nicolaus 4 of 5 stars		Boost Target	Hold ➝ Hold	$82.00 ➝ $83.00	-1.26%
7/16/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$96.00 ➝ $95.00	+13.51%
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
7/8/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$88.50 ➝ $89.06	+11.98%
Get the Latest News and Ratings for CP and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Canadian Pacific Kansas City and its competitors with MarketBeat's FREE daily newsletter.
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%
4/25/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$97.00 ➝ $92.00	+11.68%
4/25/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold
4/25/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$90.00 ➝ $89.00	+9.26%
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%
12/13/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$89.00 ➝ $90.00	+22.90%
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%
10/27/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	$79.00 ➝ $78.00	+12.38%
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 Monday at 07:14 PM ET.

CP Forecast - Frequently Asked Questions

What is Canadian Pacific Kansas City's forecast for 2024?: According to the research reports of 20 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian Pacific Kansas City is $96.36, with a high forecast of $130.00 and a low forecast of $77.00.
Should I buy or sell Canadian Pacific Kansas City stock right now?: 20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Pacific Kansas City in the last year. There are currently 8 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CP shares.
Does Canadian Pacific Kansas City's stock price have much upside?: According to analysts, Canadian Pacific Kansas City's stock has a predicted upside of 22.59% based on their 12-month stock forecasts.
Has Canadian Pacific Kansas City been upgraded by Wall Street analysts recently?: Over the previous 90 days, Canadian Pacific Kansas City's stock had 1 upgrade by analysts.
What analysts cover Canadian Pacific Kansas City?: Canadian Pacific Kansas City has been rated by research analysts at Barclays, Jefferies Financial Group, Sanford C. Bernstein, Scotiabank, Stifel Nicolaus, and Susquehanna in the past 90 days.
Do Wall Street analysts like Canadian Pacific Kansas City more than its competitors?: Analysts like Canadian Pacific Kansas City more than other "transportation" companies. The consensus rating score for Canadian Pacific Kansas City is 2.60 while the average consensus rating score for "transportation" companies is 2.56. Learn more on how CP compares to other companies.