While this happened, Loop Capital downgraded its Canadian Pacific Kansas City Limited [CP] rating to a Sell from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in early January from “a Peer perform” to “an Outperform”. Stephens also remained covering CP and has increased its forecast on January 06, 2025 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Susquehanna revised its rating on October 24, 2024. It rated CP as “a Positive” which previously was an “a Neutral”.
Price Performance Review of CP
On Friday, Canadian Pacific Kansas City Limited [NYSE:CP] saw its stock fall -0.81% to $72.48. Over the last five days, the stock has lost -2.75%. Canadian Pacific Kansas City Limited shares have risen nearly 0.15% since the year began. Nevertheless, the stocks have fallen -17.37% over the past one year. While a 52-week high of $87.72 was reached on 01/30/25, a 52-week low of $66.49 was recorded on 04/08/25. SMA at 50 days reached $74.09, while 200 days put it at $77.90.
Levels Of Support And Resistance For CP Stock
The 24-hour chart illustrates a support level at 71.91, which if violated will result in even more drops to 71.34. On the upside, there is a resistance level at 73.06. A further resistance level may holdings at 73.64. The Relative Strength Index (RSI) on the 14-day chart is 48.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 29.36%. Stochastics %K at 74.72% indicates the stock is a holding.
How much short interest is there in Canadian Pacific Kansas City Limited?
A steep rise in short interest was recorded in Canadian Pacific Kansas City Limited stocks on 2025-04-15, growing by 0.35 million shares to a total of 9.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 9.49 million shares. There was a rise of 3.55%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 09, 2024 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $97 price target.
