Raymond James Financial Raises Canadian Pacific Kansas City (TSE:CP) Price Target to C$120.00

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its target price boosted by stock analysts at Raymond James Financial from C$115.00 to C$120.00 in a research note issued on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Raymond James Financial’s price objective would suggest a potential upside of 12.83% from the company’s current price. Raymond James Financial also issued estimates for Canadian Pacific Kansas City’s Q2 2025 earnings at $1.12 EPS.

Several other research analysts have also recently commented on the stock. ATB Capital decreased their target price on shares of Canadian Pacific Kansas City from C$124.00 to C$123.00 and set an “outperform” rating for the company in a report on Monday, July 7th. Scotiabank upped their price objective on shares of Canadian Pacific Kansas City from C$115.00 to C$120.00 in a research note on Thursday, July 10th. 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 boosted their price target on shares of Canadian Pacific Kansas City from C$119.00 to C$124.00 in a report on Thursday, May 22nd. Finally, Barclays cut their price objective on Canadian Pacific Kansas City from C$130.00 to C$125.00 in a report on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$120.62.

Canadian Pacific Kansas City Stock Down 3.6%

CP stock opened at C$106.35 on Thursday. The firm has a market cap of C$99.40 billion, a PE ratio of 28.08, a P/E/G ratio of 2.32 and a beta of 0.79. The company has a debt-to-equity ratio of 49.64, a current ratio of 0.53 and a quick ratio of 0.42. The firm has a 50 day simple moving average of C$110.73 and a 200 day simple moving average of C$107.95. Canadian Pacific Kansas City has a 12 month low of C$94.60 and a 12 month high of C$119.20.

Insiders Place Their Bets

In related news, Senior Officer Keith E. Creel sold 170,227 shares of Canadian Pacific Kansas City stock in a transaction on Monday, June 2nd. The shares were sold at an average price of C$110.59, for a total value of C$18,825,910.53. Also, Senior Officer James Dominic Luther Clements sold 15,971 shares of the business’s stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of C$113.33, for a total transaction of C$1,809,927.95. Insiders sold a total of 343,599 shares of company stock worth $38,107,437 in the last ninety days. 0.03% of the stock is owned by insiders.

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.