Citigroup cuts target for Canadian Pacific Kansas City stock
Published on 10/13/2026 at 12:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Citigroup cut its Canadian Pacific Kansas City target from USD 109.00 to USD 102.00 on October 7, 2026.
- Q2 2026 revenue reached CAD 4.164 billion, up 13.00 percent year over year.
- Canadian Pacific Kansas City stock was trading at EUR 76.99 at Lang & Schwarz on October 13, 2026.
- CPKC reported record September grain volumes in Canada and the United States.
- Third-quarter 2026 results are scheduled for October 28, 2026.
Canadian Pacific Kansas City (ISIN CA13646K1084) was trading at EUR 76.99 at Lang & Schwarz on October 13, 2026 at 12:07 p.m. CEST. On October 7, 2026, MarketBeat reported that Citigroup cut its target from USD 109.00 to USD 102.00 while maintaining a Buy rating.
Target cut meets stronger freight volumes
The lower target contrasts with operating data from the latest reported quarter. According to Canadian Pacific Kansas City, total revenue reached CAD 4.164 billion in the second quarter of 2026, up 13.00 percent from the second quarter of 2025.
The same quarter produced CAD 1.472 billion of reported operating income and CAD 1.15 of diluted earnings per share. Core adjusted diluted earnings per share was CAD 1.27, up 13.00 percent, while the core adjusted operating ratio rose 0.90 percentage points to 61.60 percent.
What does grain demand mean
CPKC's October 2, 2026 release showed a concrete volume contribution. PR Newswire reported that the railway moved 2.94 million metric tonnes and 30,324 Canadian grain carloads in September 2026, while United States volumes reached 2.51 million metric tonnes and 26,236 carloads.
The record shipments offer operating support, but the reported 61.60 percent core adjusted operating ratio was 0.90 percentage points higher year over year. That comparison makes efficiency the key counterweight to volume growth in the next results update.
Three dated operating signals
On September 28, 2026, CPKC announced a C$1.8 billion debt offering on its investor-relations page. On October 1, 2026, RTT News reported that the company reached a tentative five-year labor agreement with BLET. On October 2, 2026, CPKC reported the September grain records, including 2.94 million metric tonnes in Canada.
Upcoming dates carry the next test
MarketBeat lists October 26, 2026 as the payment date for a quarterly dividend of C$0.27 per share. PR Newswire states that third-quarter 2026 results will be released after the markets close on October 28, 2026, followed by a conference call at 4:30 p.m. ET.
EUR 76.99 at Lang & Schwarz
The stock was trading at EUR 76.99 at Lang & Schwarz on October 13, 2026 at 12:07 p.m. CEST. The finance quote for the NYSE listing showed USD 85.53 at October 12, 2026, with a 52-week range of USD 68.42 to USD 96.90 and market capitalization of USD 75.2 billion.
The further course of trading is shown by the continuously updated real-time quote of Canadian Pacific Kansas City stock.
Canadian Pacific Kansas City stock at a glance
- Company: Canadian Pacific Kansas City Limited
- ISIN: CA13646K1084
- Ticker: CP
- Primary exchange: NYSE and TSX
- Price Lang & Schwarz (as of October 13, 2026, 12:07 p.m. CEST): EUR 76.99
- Market capitalization: USD 75.2 billion (as of October 12, 2026)
- 52-week range: USD 68.42-USD 96.90 (as of October 12, 2026)
- Sector / Industry: Industrials / Railroads
- Next earnings date: October 28, 2026
Market context: Market report S&P/TSX Composite.
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