Canadian Pacific Kansas City price target lowered to $81 from $85 at Stephens
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 28 2024
0mins
Should l Buy CP?
Price Target Adjustment: Stephens has lowered the price target for Canadian Pacific Kansas City from $85 to $81, maintaining an Equal Weight rating after the company's Q3 results fell slightly short of expectations.
Valuation and Risks: The firm notes that valuation is becoming more attractive following a 10% decline in share price this month, but retains an Equal Weight rating due to uncertainties regarding costs from ongoing arbitration and potential risks related to the upcoming election.
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Analyst Views on CP
Wall Street analysts forecast CP stock price to fall
15 Analyst Rating
13 Buy
2 Hold
0 Sell
Strong Buy
Current: 89.390
Low
63.35
Averages
86.07
High
92.86
Current: 89.390
Low
63.35
Averages
86.07
High
92.86
About CP
Canadian Pacific Kansas City Limited (CPKC) is a single-line transnational railway linking Canada, the United States and Mexico, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lazaro Cardenas, Mexico. The Company operates over 20,000 route miles and provides North American customers unparalleled rail service and network reach to key markets across the continent. It delivers integrated freight transportation, logistics, and supply chain solutions across North America. Its network supports the movement of bulk commodities, intermodal freight, and merchandise. It offers a suite of freight transportation services, logistics solutions and supply chain expertise. It serves sectors including grain (Canada and U.S.), automotive, intermodal, forest and industrial products, energy, chemicals, plastics, and transload. The network also links auto assembly plants, parts suppliers, and distribution centers, supporting the automotive supply chain.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CPKC Unveils Commemorative Locomotive for America's 250th Anniversary
- Locomotive Launch: CPKC has unveiled the 1776 locomotive to commemorate the 250th anniversary of American independence, manufactured in Fort Worth, Texas, featuring red and blue colors that reflect the nation's history and culture.
- Historical Significance: CPKC President Keith Creel, a U.S. Army veteran, emphasizes the pride in celebrating the contributions of all Americans throughout history alongside 6,000 railroad employees, showcasing a vision of hope for the future.
- Rail Network Coverage: CPKC operates across 19 U.S. states with an 8,800-mile rail network, spanning from the Midwest to the Gulf Coast, serving various industries including agriculture and automotive, highlighting the vital role of railroads in national development.
- Company Background: CPKC is the only transnational railway linking Canada, the U.S., and Mexico, with approximately 20,000 route miles, committed to providing exceptional rail service and logistics solutions to North American customers.
See More
CPKC Unveils Commemorative Locomotive for Independence Anniversary
- Commemorative Livery Launch: CPKC's KCS 1776 locomotive livery celebrates the 250th anniversary of the Declaration of Independence, featuring red and blue colors along with the America250 logo, reflecting the company's respect for American history and contributions.
- Locomotive Specifications: The new locomotive is a Tier 4 ET44AC model built at Wabtec's Texas facility, marking CPKC's ongoing investment in environmentally friendly technology, enhancing its competitiveness in the freight industry.
- Network Coverage: CPKC operates across 19 U.S. states with an 8,800-mile rail network, representing nearly 40% of its North American operations, providing services to agriculture, automotive, and energy sectors, highlighting its vital role in the national economy.
- Employee Contributions: About one-third of CPKC's workforce is based in the U.S., serving thousands of businesses, demonstrating the company's critical role in facilitating economic development and connecting regions across the country.
See More
CPKC Sets New February Grain Transport Record
- Record Transport Volume: CPKC transported 2.232 million metric tonnes of grain in February 2026, breaking the previous record set in February 2021, demonstrating strong growth momentum in grain transport and reinforcing its market leadership.
- Carload Milestone: The February carload volume reached 23,088, surpassing the historical high from February 2021, indicating CPKC's ongoing efforts to meet customer demands and enhance transportation efficiency.
- Sustained Growth Momentum: CPKC also set a record in January with 2.395 million metric tonnes transported, showcasing a strong start to 2026 that is expected to drive overall business growth.
- Optimized Supply Chain Collaboration: CPKC emphasizes close collaboration with customers and loading facilities to maximize transport capacity, supporting its strong performance in the 2025-2026 crop year and enhancing its competitiveness in the North American market.
See More
CPKC Sets New February Grain Transport Record
- Record Transport Volume: CPKC transported 2.232 million metric tonnes of grain in February 2026, surpassing the previous record set in February 2021, demonstrating robust growth in grain transport and solidifying its market leadership.
- Carload Milestone: The 23,088 carloads in February set a new monthly record, reflecting CPKC's efficient operations in meeting customer demands and enhancing its competitive position within the North American transport network.
- Sustained Growth Momentum: CPKC also set a record of 2.395 million metric tonnes in January 2026, indicating ongoing growth in grain transport and bolstering its export capabilities in global markets.
- Optimized Supply Chain Collaboration: CPKC emphasizes close collaboration with customers and loading facilities to maximize transport capacity, thereby supporting strong performance in the 2025-2026 crop year and contributing to broader economic growth.
See More
CPKC Sets New February Grain Transport Records
- Record Transport Volume: CPKC transported 2.232 million metric tonnes of Canadian grain in February 2026, breaking the previous record set in February 2021, indicating strong growth momentum in grain transportation.
- Carload Capacity Breakthrough: The carload volume reached 23,088 in February, surpassing the historical high from February 2021, demonstrating CPKC's exceptional capability to meet market demand.
- Sustained Growth Trend: In January 2026, CPKC also set a record by moving 2.395 million metric tonnes, showcasing the company's consistent strong performance in grain transport and further solidifying its market leadership.
- Supply Chain Synergy: CPKC's collaboration with customers to enhance grain handling capacity ensures improved transportation efficiency, boosting the company's competitiveness in global markets and contributing to overall economic growth.
See More
Jefferies Increases Target Price for Canadian Pacific Kansas City to $105 from $85
- Price Increase Announcement: Jeffries has raised the price target for Canadian Pacific Kansas City shares from $85 to $105.
- Market Implications: This adjustment reflects a positive outlook on the company's performance and potential growth in the market.
See More
CPKC Unveils Commemorative Locomotive for America's 250th Anniversary
- Locomotive Launch: CPKC has unveiled the 1776 locomotive to commemorate the 250th anniversary of American independence, manufactured in Fort Worth, Texas, featuring red and blue colors that reflect the nation's history and culture.
- Historical Significance: CPKC President Keith Creel, a U.S. Army veteran, emphasizes the pride in celebrating the contributions of all Americans throughout history alongside 6,000 railroad employees, showcasing a vision of hope for the future.
- Rail Network Coverage: CPKC operates across 19 U.S. states with an 8,800-mile rail network, spanning from the Midwest to the Gulf Coast, serving various industries including agriculture and automotive, highlighting the vital role of railroads in national development.
- Company Background: CPKC is the only transnational railway linking Canada, the U.S., and Mexico, with approximately 20,000 route miles, committed to providing exceptional rail service and logistics solutions to North American customers.
See More
CPKC Unveils Commemorative Locomotive for Independence Anniversary
- Commemorative Livery Launch: CPKC's KCS 1776 locomotive livery celebrates the 250th anniversary of the Declaration of Independence, featuring red and blue colors along with the America250 logo, reflecting the company's respect for American history and contributions.
- Locomotive Specifications: The new locomotive is a Tier 4 ET44AC model built at Wabtec's Texas facility, marking CPKC's ongoing investment in environmentally friendly technology, enhancing its competitiveness in the freight industry.
- Network Coverage: CPKC operates across 19 U.S. states with an 8,800-mile rail network, representing nearly 40% of its North American operations, providing services to agriculture, automotive, and energy sectors, highlighting its vital role in the national economy.
- Employee Contributions: About one-third of CPKC's workforce is based in the U.S., serving thousands of businesses, demonstrating the company's critical role in facilitating economic development and connecting regions across the country.
See More
CPKC Sets New February Grain Transport Record
- Record Transport Volume: CPKC transported 2.232 million metric tonnes of grain in February 2026, breaking the previous record set in February 2021, demonstrating strong growth momentum in grain transport and reinforcing its market leadership.
- Carload Milestone: The February carload volume reached 23,088, surpassing the historical high from February 2021, indicating CPKC's ongoing efforts to meet customer demands and enhance transportation efficiency.
- Sustained Growth Momentum: CPKC also set a record in January with 2.395 million metric tonnes transported, showcasing a strong start to 2026 that is expected to drive overall business growth.
- Optimized Supply Chain Collaboration: CPKC emphasizes close collaboration with customers and loading facilities to maximize transport capacity, supporting its strong performance in the 2025-2026 crop year and enhancing its competitiveness in the North American market.
See More
CPKC Sets New February Grain Transport Record
- Record Transport Volume: CPKC transported 2.232 million metric tonnes of grain in February 2026, surpassing the previous record set in February 2021, demonstrating robust growth in grain transport and solidifying its market leadership.
- Carload Milestone: The 23,088 carloads in February set a new monthly record, reflecting CPKC's efficient operations in meeting customer demands and enhancing its competitive position within the North American transport network.
- Sustained Growth Momentum: CPKC also set a record of 2.395 million metric tonnes in January 2026, indicating ongoing growth in grain transport and bolstering its export capabilities in global markets.
- Optimized Supply Chain Collaboration: CPKC emphasizes close collaboration with customers and loading facilities to maximize transport capacity, thereby supporting strong performance in the 2025-2026 crop year and contributing to broader economic growth.
See More
CPKC Sets New February Grain Transport Records
- Record Transport Volume: CPKC transported 2.232 million metric tonnes of Canadian grain in February 2026, breaking the previous record set in February 2021, indicating strong growth momentum in grain transportation.
- Carload Capacity Breakthrough: The carload volume reached 23,088 in February, surpassing the historical high from February 2021, demonstrating CPKC's exceptional capability to meet market demand.
- Sustained Growth Trend: In January 2026, CPKC also set a record by moving 2.395 million metric tonnes, showcasing the company's consistent strong performance in grain transport and further solidifying its market leadership.
- Supply Chain Synergy: CPKC's collaboration with customers to enhance grain handling capacity ensures improved transportation efficiency, boosting the company's competitiveness in global markets and contributing to overall economic growth.
See More
Jefferies Increases Target Price for Canadian Pacific Kansas City to $105 from $85
- Price Increase Announcement: Jeffries has raised the price target for Canadian Pacific Kansas City shares from $85 to $105.
- Market Implications: This adjustment reflects a positive outlook on the company's performance and potential growth in the market.
See More
