Canadian Pacific Kansas City Ltd T.CP

Alternate Symbol(s): CP

Industrials Railroads

Canadian Pacific Kansas City Limited operates a single-line transnational railway linking Canada, the United States and Mexico, with unrivaled access to ports from Vancouver to Atlantic Canada to the Gulf of Mexico to Lazaro Cardenas, Mexico. It operates over 20,000 route miles and provides North American customers unparalleled rail service and network reach to key markets across the continent. It transports bulk commodities, merchandise, and intermodal freight. It offers a suite of freight transportation services, logistics solutions and supply chain expertise. It transports ethanol from production areas in the Midwest United States to key consumer markets across the Northeast United States. It serves various markets, including Canadian grain; United States grain; bulk; intermodal; automotive; forest and industrial products; transload, and energy, chemicals and plastics. Its network connects assembly and auto parts plants and distribution centers to serve the automotive industry.

TSX:CP - Post by User

Canadian Pacific Kansas City Ltd

Bullboard Posts

Post by yana8on Jan 06, 2013 4:53pm

177 Views

Post# 20803561

price targets

I know we've discussed this before - how analysts are frequently wrong when it comes to price predictions, but still.. here are the updated 12-months price targets assigned to CP in December. Also, has anyone noticed that housing is slowing down? Vancouver home sales are down 31% in December 2012 vs. December 2011. Isn't housing a major barometer of economic activity? CNR is flat in the lats 5 weeks but CP is up +17%? We all know that it's not rational behaviour by any stretch of imagination. Current share price is implying 25% annual revenue growth for the next 5 years. Is it achievable?

Source	Target Change	Current	Issue Date
BMO Capital Markets¹	Reiterated $97.00 C Previous Update: 20 Dec 2012	$97.00 C	20 Dec 2012
S&P²	Upgraded from $95.00 U Previous Update: S&P REITERATES HOLD RECOMMENDATION ON SHARES OF CANADIAN PACIFIC RAILWAY We raise our target price by $10 to $105, reflecting a higher P/E as well as increases to our earnings forecast. Excluding anticipated Q4 restructuring charges, we raise our EPS estimate for ’12 by $0.02 to $4.29, and ’13’s by $0.26 to $5.55. CP’s new CEO has overhauled the management team, and is moving more aggressively than we expected to strip inefficiencies from the operations. Due to the scope of job reductions and network adjustments, we think wider margin assumptions are warranted. However, we think this is already reflected in current peer-premium valuation. /K.Kirkeby Research Note Date: 07 Dec 2012	$105.00 U	07 Dec 2012
BMO Capital Markets³	Upgraded from $93.00 C Previous Update: 06 Dec 2012	$97.00 C	06 Dec 2012
Scotia Capital¹	Upgraded from $100.00 C Previous Update: Canadian Pacific Railway OUTPERFORM Analysts at Scotia Capital reiterated an OUTPERFORM rating on Canadian Pacific Railway on Thursday and raised its 12 month target price to $104. Research Note Date: 06 Dec 2012	$104.00 C	06 Dec 2012
Stifel Nicolaus¹	Reiterated $138.00 C Previous Update: 06 Dec 2012	$138.00 C	06 Dec 2012
TD Securities¹	Upgraded from $87.00 C Previous Update:	$89.00 C	06 Dec 2012
RBC Capital¹	Reiterated $91.00 C Previous Update: 06 Dec 2012	$91.00 C	06 Dec 2012