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

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP had its target price cut by equities research analysts at Raymond James from C$130.00 to C$115.00 in a note issued to investors on Tuesday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. Raymond James' price objective would indicate a potential upside of 14.48% from the stock's previous close. Raymond James also issued estimates for Canadian Pacific Kansas City's Q1 2025 earnings at $1.05 EPS, Q2 2025 earnings at $1.14 EPS, Q3 2025 earnings at $1.18 EPS, Q4 2025 earnings at $1.32 EPS, FY2025 earnings at $4.70 EPS and FY2026 earnings at $5.50 EPS.

A number of other equities analysts have also recently issued reports on the stock. UBS Group upped their price target on shares of Canadian Pacific Kansas City from C$127.00 to C$129.00 in a research note on Thursday, January 30th. Stephens upgraded shares of Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 6th. Sanford C. Bernstein cut their price target on Canadian Pacific Kansas City from C$123.00 to C$122.00 in a research note on Friday, February 21st. Royal Bank of Canada decreased their target price on Canadian Pacific Kansas City from C$128.00 to C$122.00 and set an "outperform" rating on the stock in a report on Monday, March 31st. Finally, CIBC decreased their target price on shares of Canadian Pacific Kansas City from C$128.00 to C$124.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, Canadian Pacific Kansas City has an average rating of "Moderate Buy" and an average target price of C$122.38.

Canadian Pacific Kansas City Stock Down 0.8 %

Shares of Canadian Pacific Kansas City stock traded down C$0.79 during midday trading on Tuesday, hitting C$100.45. The company had a trading volume of 1,222,554 shares, compared to its average volume of 1,696,914. The company has a 50 day moving average of C$104.69 and a 200 day moving average of C$107.15. The stock has a market capitalization of C$93.89 billion, a P/E ratio of 26.52, a P/E/G ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City has a 52-week low of C$94.60 and a 52-week high of C$119.20. 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 Activity

In other news, Senior Officer Laird Joseph Pitz sold 18,710 shares of the company's stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of C$116.16, for a total transaction of C$2,173,430.39. Corporate 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.