Desjardins Cuts Canadian Pacific Kansas City (TSE:CP) Price Target to C$124.00

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its price objective cut by Desjardins from C$129.00 to C$124.00 in a report issued on Thursday morning,BayStreet.CA reports. They currently have a buy rating on the stock. Desjardins also issued estimates for Canadian Pacific Kansas City’s Q2 2025 earnings at $1.14 EPS, Q3 2025 earnings at $1.19 EPS, Q4 2025 earnings at $1.38 EPS, FY2025 earnings at $4.78 EPS, FY2026 earnings at $5.58 EPS and FY2027 earnings at $6.37 EPS.

Other research analysts have also issued reports about the stock. Barclays decreased their price target on shares of Canadian Pacific Kansas City from C$130.00 to C$125.00 in a report on Wednesday, April 2nd. UBS Group lifted their target price on Canadian Pacific Kansas City from C$113.00 to C$116.00 in a research note on Thursday. Stephens upgraded Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. CIBC reduced their price objective on Canadian Pacific Kansas City from C$124.00 to C$119.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Wolfe Research raised Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eight have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$119.62.

Canadian Pacific Kansas City Stock Performance

Canadian Pacific Kansas City stock opened at C$103.53 on Thursday. The company has a debt-to-equity ratio of 49.64, a current ratio of 0.53 and a quick ratio of 0.42. Canadian Pacific Kansas City has a 12 month low of C$94.60 and a 12 month high of C$119.20. The company has a fifty day moving average price of C$103.72 and a two-hundred day moving average price of C$106.78. The company has a market cap of C$96.77 billion, a PE ratio of 27.33, a P/E/G ratio of 2.32 and a beta of 0.79.

Canadian Pacific Kansas City Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 28th. Shareholders of record on Friday, June 27th will be given a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.88%. This is an increase from Canadian Pacific Kansas City’s previous quarterly dividend of $0.19. Canadian Pacific Kansas City’s payout ratio is 20.06%.

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.