Citigroup cuts target for Canadian Pacific Kansas City stock from USD 109.00 to USD 102.00

Published on 10/20/2026 at 11:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Canadian Pacific Kansas City stock costs EUR 77.36 on October 20, 2026. Q2 revenue reached CAD 4.164 billion, up 13.00 percent year over year.

Target and reporting date

Citigroup lowered its Canadian Pacific Kansas City target from USD 109.00 to USD 102.00 on October 7, 2026.
Second-quarter 2026 revenue reached CAD 4.164 billion, up 13.00 percent year over year.
Canadian Pacific Kansas City stock trades at EUR 77.36 at 10:59 a.m. CEST at Lang & Schwarz on October 20, 2026.
Third-quarter 2026 results are scheduled for October 28, 2026.

CP, CA13646K1084, Illustration mit AI erstellt.

Canadian Pacific Kansas City (ISIN CA13646K1084) saw Citigroup cut its price target from USD 109.00 to USD 102.00 in a research note dated October 7, 2026, according to MarketBeat. Canadian Pacific Kansas City stock was trading at EUR 77.36 at Lang & Schwarz on October 20, 2026 at 10:59 a.m. CEST.

Quarterly figures show the scale

Canadian Pacific Kansas City reported CAD 4.164 billion in revenue for the second quarter of 2026, a 13.00 percent increase from the prior-year quarter. The company also reported CAD 1.472 billion in operating income and diluted earnings per share of CAD 1.15 for the period, according to its investor-relations materials.

Operating performance was mixed beneath the revenue growth. The reported operating ratio was 64.6 percent in the second quarter, while core adjusted operating income reached CAD 1.601 billion, 10.00 percent higher than a year earlier. These figures leave efficiency and earnings conversion as the key counterweight to the stronger top line.

What does the target cut change?

Citigroup retained a buy rating while lowering its target by USD 7.00, or 6.42 percent from the former target. The revised USD 102.00 target remains a separate analyst view from the stock's euro quotation and does not change the company's reported Canadian-dollar results.

Three dated developments

On September 28, 2026, Canadian Pacific Kansas City announced a CAD 1.8 billion debt offering in its investor-relations news. On October 1, 2026, the company reached a tentative five-year collective agreement with the Brotherhood of Locomotive Engineers and Trainmen, as MarketScreener reported. On October 7, 2026, Citigroup reduced its target from USD 109.00 to USD 102.00 while keeping its buy rating, according to MarketBeat.

Next reporting date is October 28

Canadian Pacific Kansas City is scheduled to release its third-quarter 2026 results on October 28, 2026. The date is listed in the company calendar reported by Yahoo Finance. That report will give investors a new test of whether the second-quarter revenue increase can translate into steadier operating efficiency.

Euro quote sets the daily frame

The stock was trading at EUR 77.36 at Lang & Schwarz on October 20, 2026 at 10:59 a.m. CEST. On the Toronto Stock Exchange, it closed at CAD 122.24 on October 19, 2026, down 1.00 percent for that session. The company had a market capitalization of CAD 107.5 billion as of October 19, 2026.

The further course of trading is shown by the continuously updated real-time quote of Canadian Pacific Kansas City stock.