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A Quick Look at Today's Ratings for Canadian Pacific Railway(CP.US), With a Forecast Between $82 to $130

Futu News ·  Oct 24 21:00  · Ratings

On Oct 24, major Wall Street analysts update their ratings for $Canadian Pacific Railway (CP.US)$, with price targets ranging from $82 to $130.

BofA Securities analyst Ken Hoexter maintains with a buy rating, and sets the target price at $91.

Barclays analyst Brandon Oglenski maintains with a buy rating, and adjusts the target price from $97 to $130.

Wells Fargo analyst Christian Wetherbee maintains with a buy rating, and maintains the target price at $90.

Evercore analyst Jonathan Chappell maintains with a buy rating, and maintains the target price at $91.

BMO Capital analyst Fadi Chamoun maintains with a buy rating, and adjusts the target price from $98.61 to $96.18.

Furthermore, according to the comprehensive report, the opinions of $Canadian Pacific Railway (CP.US)$'s main analysts recently are as follows:

  • Canadian Pacific Kansas City's adjusted Q3 EPS of C$0.99 reflected a 7% increase year-over-year, surpassing the anticipated C$0.98 but not meeting the broader market's expectation of C$1.01. Subsequent to the earnings report, projections for Q4 and full-year 2025 earnings have been moderately reduced.

  • The company's Q3 outcomes aligned with forecasts, but there was a notable increase in volume guidance, bolstered by robust Bulk and Auto exports from Mexico. In a market where few companies are enhancing volume forecasts, the company's decision to adjust its volume expectations to mid-single digits showcases its distinctive position and the potential benefits arising from the integration with Kansas City Southern.

Here are the latest investment ratings and price targets for $Canadian Pacific Railway (CP.US)$ from 9 analysts:

StockTodayLatestRating_nn_202768_20241024_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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