Desjardins Has Lowered Expectations for Canadian Pacific Kansas City (TSE:CP) Stock Price

Key Points

• Desjardins has reduced the price target for Canadian Pacific Kansas City from C$124.00 to C$123.00, maintaining a "buy" rating that suggests potential upside of 20.45% from the current stock price.
• The stock has recently seen a range of ratings from various analysts, with a consensus rating of "Moderate Buy" and an average target price of C$119.46.
• Insider activity has shown significant selling, with over 343,599 shares sold by corporate insiders in the last three months, raising concerns about the stock's outlook.

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP had its price objective decreased by analysts at Desjardins from C$124.00 to C$123.00 in a report released on Thursday,BayStreet.CA reports. The brokerage currently has a "buy" rating on the stock. Desjardins' target price suggests a potential upside of 22.32% from the company's current price. Desjardins also issued estimates for Canadian Pacific Kansas City's Q3 2025 earnings at $1.13 EPS, Q4 2025 earnings at $1.35 EPS and FY2025 earnings at $4.67 EPS.

Several other brokerages have also recently issued reports on CP. ATB Capital lowered their target price on shares of Canadian Pacific Kansas City from C$124.00 to C$123.00 and set an "outperform" rating on the stock in a research note on Monday, July 7th. UBS Group lifted their target price on shares of Canadian Pacific Kansas City from C$113.00 to C$116.00 in a research note on Thursday, May 1st. CIBC lifted their target price on shares of Canadian Pacific Kansas City from C$119.00 to C$124.00 in a research note on Thursday, May 22nd. Barclays lowered their target price on shares of Canadian Pacific Kansas City from C$130.00 to C$125.00 in a research note on Wednesday, April 2nd. Finally, Scotiabank lifted their target price on shares of Canadian Pacific Kansas City from C$115.00 to C$120.00 in a research note on Thursday, July 10th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have assigned a buy rating and four have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of C$119.46.

Canadian Pacific Kansas City Price Performance

Canadian Pacific Kansas City stock traded down C$1.34 during trading on Thursday, reaching C$100.56. The company had a trading volume of 1,609,193 shares, compared to its average volume of 1,617,576. The firm's 50-day simple moving average is C$109.20 and its 200 day simple moving average is C$107.74. Canadian Pacific Kansas City has a 1-year low of C$94.60 and a 1-year high of C$119.20. The firm has a market capitalization of C$93.99 billion, a PE ratio of 26.55, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. The company has a debt-to-equity ratio of 49.64, a quick ratio of 0.42 and a current ratio of 0.53.

Insider Transactions at Canadian Pacific Kansas City

In other news, Senior Officer Nadeem Velani sold 60,000 shares of the business's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of C$110.30, for a total transaction of C$6,618,006.00. Also, Senior Officer Pamela Lynne Arpin sold 8,500 shares of the company's stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of C$109.81, for a total value of C$933,389.25. Insiders sold 343,599 shares of company stock worth $38,107,437 in the last 90 days. Insiders own 0.03% of the company's stock.

About Canadian Pacific Kansas City

Canadian Pacific is a CAD 8 billion Class-1 railroads operating on more than 12,500 miles of track across most of Canada and into parts of the Midwestern and Northeastern United States. It is the second-smallest Class I railroad by revenue and route miles. In 2021, CP hauled shipments of grain (22% of freight revenue), intermodal containers (22%), energy products (like crude and frac sand), chemicals, and plastics (20%) coal (8%), fertilizer and potash (10%), automotive products (5%), and a diverse mix of other merchandise.