TSE:CP

Canadian Pacific Rail (CP.TO)

124.52
+1.21 (0.98%)
as of Jul 31, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconAug 1, 2026, 12:00 am

This summary was created by AI, based on 26 opinions in the last 12 months.

Canadian Pacific Rail (CP-T) has garnered mixed opinions from experts. While many believe in the long-term potential of the company, particularly after the KSU acquisition, concerns about cyclical economic conditions and ongoing tariff discussions are prevalent. Some analysts suggest waiting for better entry points or pullbacks, whereas others see current levels as appealing given the potential for recovery in industrial goods and manufacturing. Long-term growth rates are projected to be modest at around 4-5%, but the company is expected to benefit from efficiencies tied to artificial intelligence and expanding freight opportunities across North America. Overall, CP is recognized for its solid footprint spanning Canada to Mexico but may face headwinds amid uncertainties in trade policies and the economic landscape.

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Consensus
Neutral
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Valuation
Fair Value
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Similar
CNR
BUY
Canadian National (CNR-T) versus Canadian Pacific (CP-T) on a 4 or 5-year hold? A question he wrestles with all the time but currently he would put his cards with Canadian Pacific as he sees at benefiting from a recovery in commodities. CN is a benchmark railroad with the best operating ratio and are diversified throughout North America.
HOLD
Rail stocks are good indicators of economic activity. Rails have moved ahead of expectations. On the high end of its historical price/earnings ratio.
HOLD
Likes the rails. Preference is Canadian National (CNR-T) but this one is fine. Has risen recently on Teck Resources (TCK.B-T) announcement on coal production. Good play on global, and more particularly, North American growth. (See Top Picks.)
COMMENT
(Market Call Minute.) If you like East-West shipping of coal, grain and potash this would be a preference over CNR.
BUY ON WEAKNESS
Likes the long-term outlook very much because there is the potential for them to double earnings from $2.70 to over $5 over a 5-year period. Near-term look for further weakness.
COMMENT
Canadian National (CNR-T) or Canadian Pacific (CP-T)? CP, the smaller railroad, is commodity oriented. On the longer term, CNR is the great railroad of Canada and this is the one he would own.
BUY
It’s a western Canadian play in grains and coal, which Asia needs and wants. He likes it. He is moving back more into CN after owning both.
COMMENT
Doesn't own it because it is more of a commodity carrier than anything and it depends on how the economy works out. When demand from China starts to rebuild he likes the outlook for them. Would like to get it 5%-10% cheaper.
PAST TOP PICK

(Top Short July 29/08. Up 36.1%.) Still concerned about this one and wouldn't own it. He covered his Short.

BUY ON WEAKNESS
Prefers Canadian National (CNR-T) because it is a better run company. Rails have done very well considering they were supposed to be in an economic downturn. With production being down and all the other things it is hard to conceive that they can continue doing well. Would like to see a pullback before buying.
HOLD
This is fine but she prefers Canadian National (CNR-T). Volumes are looking stronger. Have done a better job of cost control.
DON'T BUY
Canadian National (CNR-T) versus Canadian Pacific (CP-T)? Canadian National but don't buy either until the 2nd quarter earnings come out. Expects a very rough quarter.
DON'T BUY
Corrected on the economic slowdown. If you wanted to Buy on a true market correction, you should always go to the better company, which in this case would be Canadian National (CNR-T).
DON'T BUY
(Market Call Minute.) Would be careful on this one because it is so economically sensitive and so dependent on bulk shipping.
SELL
This sector is still in contraction. Doesn't see any improvement in rail volume numbers.
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