Citigroup initiated coverage on Canadian Pacific Kansas City Ltd. with a new price target
$CP
Railroads
Industrials
Citigroup initiated coverage of Canadian Pacific Kansas City Ltd. with a rating of Buy and set a new price target of $97.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/3/2025 | Buy → Sell | Loop Capital | |
| 1/8/2025 | $86.00 | Peer Perform → Outperform | Wolfe Research |
| 1/6/2025 | $88.00 | Equal-Weight → Overweight | Stephens |
| 10/24/2024 | $92.00 | Neutral → Positive | Susquehanna |
| 10/9/2024 | $97.00 | Buy | Citigroup |
| 7/10/2024 | Sector Perform → Sector Outperform | Scotiabank | |
| 6/7/2024 | $90.00 | Overweight | Wells Fargo |
| 4/8/2024 | $105.00 | Buy | Jefferies |
SC 13G/A - CANADIAN PACIFIC KANSAS CITY LTD/CN (0000016875) (Subject)
SC 13G/A - CANADIAN PACIFIC RAILWAY LTD/CN (0000016875) (Subject)
SC 13G/A - CANADIAN PACIFIC RAILWAY LTD/CN (0000016875) (Subject)
CALGARY, AB, March 12, 2025 /PRNewswire/ - Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) ("CPKC") announced that its wholly-owned subsidiary, Canadian Pacific Railway Company, is issuing US$600 million of 4.800% Notes due 2030 and US$600 million of 5.200% Notes due 2035, which will be guaranteed by CPKC. The offering is expected to close on March 17, 2025, subject to the satisfaction of customary closing conditions. The net proceeds from the offering will be used primarily for the refinancing of outstanding indebtedness and for general corporate purposes. Until utilized for such purposes, the net proceeds may be invested in short term investment grade securities or bank deposits.
CALGARY, AB, Mar. 3, 2025 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) said today it has named Cargill Elva in Canada and Elbow Lake Co-op Grain in the United States grain elevators of the year for the 2023-2024 crop year. Each crop year, CPKC presents its Elevator of the Year award to one grain customer in Canada and one in the United States in recognition of facilities that move high volumes from a single loading point while consistently demonstrating efficient railcar loading and a strong commitment to safety. "Our grain Elevator of the Year award h
CALGARY, AB, Feb. 27, 2025 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) said today that it has completed the filing of its 2024 annual report on Form 10-K, including the annual audited financial statements and management's discussion and analysis, with the U.S. Securities and Exchange Commission and Canadian securities regulators. A copy of CPKC's 2024 Annual Report is available at https://investor.cpkcr.com/ Shareholders may request a printed copy of the complete 2024 audited financial statements, free of charge, by email to [email protected] or by regular mail to Shareholder Services, Canadian Pacific Kansas City, 7550 Ogden Dale Road S.E., Calgary, Alberta, T2
CALGARY, AB, March 12, 2025 /PRNewswire/ - Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) ("CPKC") announced that its wholly-owned subsidiary, Canadian Pacific Railway Company, is issuing US$600 million of 4.800% Notes due 2030 and US$600 million of 5.200% Notes due 2035, which will be guaranteed by CPKC. The offering is expected to close on March 17, 2025, subject to the satisfaction of customary closing conditions. The net proceeds from the offering will be used primarily for the refinancing of outstanding indebtedness and for general corporate purposes. Until utilized for such purposes, the net proceeds may be invested in short term investment grade securities or bank deposits.
CALGARY, AB, Feb. 27, 2025 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) ("CPKC") announced today that the Toronto Stock Exchange ("TSX") has accepted its notice of intention to implement a normal course issuer bid ("NCIB") to purchase, for cancellation, up to 37,348,539 common shares in the capital of CPKC or approximately four percent of CPKC's common shares issued and outstanding as at February 18, 2025. The NCIB is expected to commence on March 3, 2025 and is due to terminate on March 2, 2026. "Having delivered on our commitments to strengthen our balance sheet and reduce leverage following the transformational combination of Canadian Pacific and Kansas City Southern int
CALGARY, AB, Jan. 29, 2025 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) today announced its fourth-quarter results, including revenues of $3.9 billion, diluted earnings per share (EPS) of $1.28 and core adjusted combined diluted EPS1 of $1.29. Fourth-quarter 2024 results Revenues increased by three percent to $3.9 billion from $3.8 billion in Q4 2023Reported operating ratio (OR) decreased by 210 basis points to 59.7 percent from 61.8 percent in Q4 2023Core adjusted combined OR1 decreased by 160 basis points to 57.1 percent from 58.7 percent in Q4 2023Reported diluted EPS increased to $1.28 from $1.10 in Q4 2023Core adjusted combined diluted EPS1 increased nine percen
8-K - CANADIAN PACIFIC KANSAS CITY LTD/CN (0000016875) (Filer)
F-X - CANADIAN PACIFIC KANSAS CITY LTD/CN (0000016875) (Subject)
8-K - CANADIAN PACIFIC KANSAS CITY LTD/CN (0000016875) (Filer)
CALGARY, AB, Sept. 17, 2024 /PRNewswire/ - Canadian Pacific Kansas City Limited (TSX:CP) (NYSE:CP) (CPKC) announced today the appointment of Arturo Gutiérrez Hernández to the CPKC Board of Directors, effective on Nov. 1, 2024. Mr. Gutiérrez, 58, of Monterrey, Mexico, has been the chief executive officer of Arca Continental, the second largest Coca-Cola bottler in Latin America, since January 2019. "The addition of Arturo adds to the extensive, diverse experience of our board, bringing a seasoned chief executive who has spent decades living and working in Mexico," said Isabelle
CALGARY, AB, April 24, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) today announced the results of the 2024 annual meeting held earlier today, including the election of all 11 nominees listed in the management proxy circular dated March 21, 2024, as directors of CPKC. All directors received at least 96.21 percent of votes cast. The advisory vote on executive compensation (Say on Pay) received 94.05 percent approval. The advisory vote on approach to climate change (Say on Climate) received 89.26 percent approval. The appointment of Ernst & Young LLP as auditor received 99.83 percent approval. Isabelle Courville, upon her re-election as a director, was re-appoint
CALGARY, AB, Feb. 16, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC) today filed a Notice of Dispute with the Federal Mediation and Conciliation Service requesting the appointment of a Federal Conciliation Officer to assist CPKC and both the Teamsters Canada Rail Conference (TCRC) – Train & Engine (T&E) division and the TCRC - Rail Canada Traffic Controllers (RCTC) division in reaching negotiated collective agreements. The TCRC - T&E represents CPKC's roughly 3,200 locomotive engineers, conductors and train and yard workers, and the TCRC - RCTC represents approximately 80 rail traffic controllers, all in Canada. This is a process available under the Canada Labour
Loop Capital downgraded Canadian Pacific Kansas City Ltd. from Buy to Sell
Wolfe Research upgraded Canadian Pacific Kansas City Ltd. from Peer Perform to Outperform and set a new price target of $86.00
Stephens upgraded Canadian Pacific Kansas City Ltd. from Equal-Weight to Overweight and set a new price target of $88.00