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

C$109.07

-0.97 (-0.88%)

(As of 10/23/2024 05:27 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

Moderate Buy

Based on 14 Analyst Ratings

Sell
0

Hold
4

Buy
10

Based on 14 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 14 analysts, 4 have given a hold rating, and 10 have given a buy rating for CP.

Consensus Price Target

C$121.13
11.06% Upside

According to the 14 analysts' twelve-month price targets for Canadian Pacific Kansas City, the average price target is C$121.13. The highest price target for CP is C$137.00, while the lowest price target for CP is C$83.00. The average price target represents a forecasted upside of 11.06% from the current price of C$109.07.

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CP Analyst Ratings Over Time

Type	Current Forecast 10/25/23 to 10/24/24	1 Month Ago 9/25/23 to 9/24/24	3 Months Ago 7/27/23 to 7/26/24	1 Year Ago 10/25/22 to 10/25/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	9 Buy rating(s)	9 Buy rating(s)	9 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$121.13	C$123.87	C$121.93	C$118.50
Forecasted Upside	11.06% Upside	6.70% Upside	7.16% Upside	23.18% 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	Industrials Companies
Consensus Rating Score	2.71	2.68
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Negative News See Recent CP News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/9/2024	Sanford C. Bernstein 3 of 5 stars		Lower Target		C$126.00 ➝ C$125.00	+14.01%
10/9/2024	Citigroup 3 of 5 stars	A. Rosa Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target	Buy	C$97.00	-11.53%
10/8/2024	JPMorgan Chase & Co. 2 of 5 stars		Boost Target	Overweight	C$136.00 ➝ C$137.00	+24.83%
9/30/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$133.00 ➝ C$137.00	+19.02%
9/25/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	C$95.00 ➝ C$97.00	-15.85%
7/31/2024	ATB Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$130.00 ➝ C$133.00	+15.20%
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7/31/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	C$115.00 ➝ C$120.00	+3.94%
7/31/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	C$131.00 ➝ C$132.00	+14.34%
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 ➝ Outperform	C$124.00 ➝ C$130.00	+18.40%
6/27/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Sector Perform	C$119.00	+9.40%
4/22/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$120.00 ➝ C$130.00	+9.70%
4/8/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$125.00 ➝ C$133.00	+11.04%
3/27/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$124.00 ➝ C$130.00	+8.41%
1/4/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	C$78.00 ➝ C$83.00	-21.93%
10/26/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$117.00 ➝ C$114.00	+17.93%
10/4/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$110.00 ➝ C$109.00	+8.55%
7/12/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$108.00 ➝ C$111.00	+5.21%
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

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 04:25 AM 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 Tuesday, October 15, 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:

Canadian Pacific Kansas City Limited stock has crossed above its two hundred day moving average, indicating a potential uptrend in the stock price. This can be a positive signal for investors looking for growth opportunities.
The company has a strong market capitalization of C$104.13 billion, reflecting its stability and size in the market. A higher market capitalization can indicate a more established and reliable company.
Canadian Pacific Kansas City Limited reported earnings per share (EPS) of C$1.05 for the last quarter, surpassing analysts' estimates. This positive earnings performance can attract investors seeking profitable companies.
The company has a dividend payout ratio (DPR) of 20.38%, which signifies that it distributes a portion of its earnings to shareholders as dividends. Investors looking for regular income streams may find this appealing.
Analysts have provided positive ratings for Canadian Pacific Kansas City Limited, with a consensus price target of C$121.67. This favorable outlook from analysts can instill confidence in potential investors.

Canadian Pacific Kansas City
Bear Case

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

The company's debt-to-equity ratio is high at 50.47, indicating a significant level of debt compared to equity. High debt levels can pose risks during economic downturns or high-interest rate environments.

CP Forecast - Frequently Asked Questions

: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian Pacific Kansas City is C$121.13, with a high forecast of C$137.00 and a low forecast of C$83.00.
: 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Pacific Kansas City in the last twelve months. There are currently 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CP shares.
: According to analysts, Canadian Pacific Kansas City's stock has a predicted upside of 11.06% based on their 12-month stock forecasts.
: Canadian Pacific Kansas City has been rated by research analysts at ATB Capital, Barclays, Citigroup, Desjardins, JPMorgan Chase & Co., Royal Bank of Canada, Sanford C. Bernstein, and TD Securities in the past 90 days.
: Analysts like Canadian Pacific Kansas City more than other "industrials" companies. The consensus rating score for Canadian Pacific Kansas City is 2.71 while the average consensus rating score for "industrials" companies is 2.68. Learn more on how CP compares to other companies.