Citi Keeps Their Buy Rating on Canadian Pacific Kansas City (CP)
In a report released on February 20, Ariel Rosa from Citi maintained a Buy rating on Canadian Pacific Kansas City, with a price target of $86.00. The company’s shares closed yesterday at C$116.44.
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Rosa covers the Industrials sector, focusing on stocks such as XPO, Knight Transportation, and Union Pacific. According to TipRanks, Rosa has an average return of 19.2% and a 77.74% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Canadian Pacific Kansas City with a $88.78 average price target, implying a -23.75% downside from current levels. In a report released today, TipRanks – Google also reiterated a Buy rating on the stock with a C$130.00 price target.
CP market cap is currently C$103.4B and has a P/E ratio of 25.44.
Read More on CP:
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- Canadian Pacific Kansas City price target lowered to $86 from $88 at Citi
- Canadian Pacific Kansas City price target lowered to C$120 at Scotiabank
