Canadian Pacific Railway Limited (CP)
NYSE: CP · IEX Real-Time Price · USD
81.93
-5.79 (-6.60%)
At close: Apr 24, 2024, 4:00 PM
82.30
+0.37 (0.45%)
Pre-market: Apr 25, 2024, 4:54 AM EDT
Canadian Pacific Railway Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for CP stock have an average target of 95.71, with a low estimate of 28 and a high estimate of 130. The average target predicts an increase of 16.82% from the current stock price of 81.93.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Canadian Pacific Railway stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 10 | 10 | 9 | 9 | 8 | 8 |
| Hold | 3 | 3 | 4 | 4 | 4 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 16 | 15 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $120 → $130 | Buy | Maintains | $120 → $130 | +58.67% | Apr 22, 2024 |
| Stifel | Stifel | Hold Maintains $80 → $83 | Hold | Maintains | $80 → $83 | +1.31% | Apr 12, 2024 |
| Benchmark | Benchmark | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 10, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $105 | Strong Buy | Initiates | $105 | +28.16% | Apr 8, 2024 |
| Barclays | Barclays | Buy Maintains $90 → $96 | Buy | Maintains | $90 → $96 | +17.17% | Apr 4, 2024 |
Financial Forecast
Revenue This Year
15.14B
from 12.56B
Increased by 20.61%
Revenue Next Year
16.42B
from 15.14B
Increased by 8.45%
EPS This Year
4.47
from 4.21
Increased by 6.17%
EPS Next Year
5.32
from 4.47
Increased by 19.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.9B | 17.9B | 19.7B | 20.7B | 21.9B |
| Avg | 15.1B | 16.4B | 17.8B | 18.8B | 20.1B |
| Low | 13.9B | 14.8B | 15.3B | 16.3B | 16.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.5% | 18.3% | 20.1% | 16.1% | 16.0% |
| Avg | 20.6% | 8.5% | 8.3% | 5.9% | 6.7% |
| Low | 10.5% | -2.1% | -6.6% | -8.1% | -10.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.91 | 6.12 | 7.45 | 7.70 | 8.72 |
| Avg | 4.47 | 5.32 | 6.16 | 7.00 | 7.92 |
| Low | 3.74 | 4.56 | 5.22 | 5.58 | 5.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.7% | 37.0% | 40.0% | 25.0% | 24.6% |
| Avg | 6.2% | 19.1% | 15.7% | 13.7% | 13.1% |
| Low | -11.1% | 1.9% | -1.9% | -9.4% | -17.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.