Canadian Pacific Kansas City (TSE:CP) Stock Gets Price Target Bump from Canadian Imperial Bank of Commerce

Posted by Geri Gentry on Oct 29th, 2026

Canadian Pacific Kansas City (TSE:CP – Get Free Report) (NYSE:CP) had its target price boosted by investment analysts at Canadian Imperial Bank of Commerce from C$143.00 to C$150.00 in a note issued to investors on Thursday, BayStreet reports. The brokerage currently has an “outperform” rating on the stock. Canadian Imperial Bank of Commerce‘s target price would suggest a potential upside of 21.67% from the company’s previous close.

Several other equities research analysts have also recently issued reports on the stock. Desjardins boosted their price objective on shares of Canadian Pacific Kansas City from C$141.00 to C$143.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Citizens Jmp raised shares of Canadian Pacific Kansas City to a “hold” rating in a research note on Wednesday, July 15th. ATB Cormack raised their target price on shares of Canadian Pacific Kansas City from C$143.00 to C$146.00 and gave the company an “outperform” rating in a research report on Thursday, October 15th. Royal Bank Of Canada upped their price target on shares of Canadian Pacific Kansas City from C$145.00 to C$146.00 and gave the stock an “outperform” rating in a research report on Thursday, September 24th. Finally, Stifel Nicolaus set a C$150.00 price objective on shares of Canadian Pacific Kansas City and gave the company a “buy” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$139.41.

Check Out Our Latest Research Report on CP

Canadian Pacific Kansas City Trading Down 1.9%

TSE:CP traded down C$2.42 during midday trading on Thursday, hitting C$123.28. 1,015,036 shares of the company traded hands, compared to its average volume of 1,374,610. The firm has a market capitalization of C$108.37 billion, a P/E ratio of 28.67, a P/E/G ratio of 2.32 and a beta of 1.33. The firm’s fifty day moving average is C$124.69 and its 200-day moving average is C$119.06. Canadian Pacific Kansas City has a 12-month low of C$96.50 and a 12-month high of C$133.38. The company has a current ratio of 0.59, a quick ratio of 0.42 and a debt-to-equity ratio of 53.93.

Canadian Pacific Kansas City (TSE:CP – Get Free Report) (NYSE:CP) last announced its earnings results on Wednesday, October 28th. The company reported C$1.28 earnings per share for the quarter. Canadian Pacific Kansas City had a net margin of 25.04% and a return on equity of 8.35%. The business had revenue of C$4.22 billion for the quarter. On average, sell-side analysts predict that Canadian Pacific Kansas City will post 4.34 EPS for the current year.

Insiders Place Their Bets

In related news, insider Laird Joseph Pitz sold 24,630 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of C$135.08, for a total transaction of C$3,327,020.40. Also, insider Mark Ashley Redd sold 52,000 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of C$134.50, for a total transaction of C$6,994,000.00. Following the completion of the transaction, the insider directly owned 2,199 shares of the company’s stock, valued at approximately C$295,765.50. The trade was a 95.94% decrease in their position. In the last ninety days, insiders sold 78,015 shares of company stock valued at $10,505,115. 0.03% of the stock is owned by insiders.

Key Canadian Pacific Kansas City News

Here are the key news stories impacting Canadian Pacific Kansas City this week:

Positive Sentiment: Analysts raised their valuation outlook. CIBC lifted its price target to C$150, while Stifel Nicolaus reiterated a “buy” rating and set the same target. These targets imply meaningful upside from recent trading levels and indicate confidence in CP’s long-term growth prospects. CIBC price target article
Positive Sentiment: CP renewed its rail service agreement with Elk Valley Resources. The coal deal should provide additional volume and revenue visibility, while supporting the company’s diversified cross-border freight strategy. Elk Valley Resources agreement
Positive Sentiment: Third-quarter revenue increased on higher freight volumes. CP reported C$4.22 billion in quarterly revenue and earnings of C$1.28 per share, showing continued demand for its rail services. CP third-quarter sales article
Neutral Sentiment: Operating profitability was mixed. CP’s reported net margin was 25.04% and return on equity was 8.35%, but earnings were broadly flat as higher costs offset revenue gains. CP earnings and fuel costs article
Negative Sentiment: Higher fuel expenses pressured quarterly earnings. The cost inflation limited the benefit of stronger volumes and revenue, raising concerns about near-term margin expansion. CP Q3 earnings and fuel costs

About Canadian Pacific Kansas City

(Get Free Report)

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.