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How Canadian Pacific Kansas City's Record Grain Volumes Changed Its Investment Story

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Stocks & ETFs:CP.TO

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A November 5 headline put record grain volumes at Canadian Pacific Kansas City at the centre of its investment story.

CP.TO closed at C$132.98, up 0.27% for the day, 4.12% for the week, 10.28% for the month and 30.80% year to date.

Investor takeaway: The headline highlights record grain volumes, while the supplied figures show CP.TO trading near its 52-week high.

Canadian Pacific Railway Ltd

CP.TO

Full stock page →

CP.TO

Canadian Pacific Railway Ltd

Source:WealthAwesomeWealthAwesome
↑ $14.03 (11.79%)
120 day period
$118.65$125.82$132.98May 21Aug 17Nov 10

Market cap

$115.63B

P/E

30.8x

Div. yield

0.75%

Div. / share

$0.99

52W high

$133.76

52W low

$96.00

1W change

+4.12%

Beta

1.16

Analyst Price Targets

Based on analyst covering CP · as of Nov 10, 2026

📈

Wall Street analysts forecast CP stock price to rise 5.8% over the next 12 months.

Consensus

Moderately Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$140.75

+5.8% Upside

Previously C$140.70 on Oct 30, 2026

Current Price

C$132.98

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on CP's historical volatility

HistoricalForecast68%95%
C$104.81C$120.36C$135.90C$151.44C$166.99C$182.53TodayJul 3Sep 8Nov 10Dec 23Feb 5Mar 20

30-Day Vol

20.7%

Annualized

90-Day Vol

20.2%

Annualized

Trend (90d)

+11.1%

Annualized drift

90d Mean

C$138.38

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$134.76C$125.47 – C$144.73
60 trading daysC$136.56C$123.44 – C$151.07
90 trading daysC$138.38C$122.28 – C$156.60

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

CP.TO closed at C$132.98

The close was 98% of the way through the supplied 52-week range of C$96.00 to C$133.76.

Bull case

The company’s supplied figures show a 24.1% profit margin. The November 5 headline also points to record grain volumes as a potential catalyst.

Bear case

CP.TO closed near the top of its 52-week range, and its supplied P/E is 30.7824.

Record grain volumes are the catalyst

The November 5 headline, “How Record Grain Volumes At Canadian Pacific Kansas City (TSX:CP) Have Changed Its Investment Story,” presents record grain volumes as a key event. CP.TO’s last close was C$132.98. Shares gained 0.27% in one day, 4.12% in one week, 10.28% in one month and 30.80% year to date.

A separate November 5 headline said CP shares had risen 5.6% since the third-quarter 2026 earnings release. That is a separate reported comparison, not an effect attributed to grain volumes. See the Canadian Pacific Railway Ltd. stock page for company information.

Price, volume and valuation figures

At C$132.98, CP.TO was 98% of the way through its supplied 52-week range of C$96.00 to C$133.76. The shares were 6.7% above the 50-day moving average of C$124.58 and 10.4% above the 200-day average of C$120.46.

Latest trading volume was 1,137,523 shares, or 0.85 times the 20-day average of 1,339,510. The supplied valuation figures include a P/E of 30.7824 and a market capitalization of C$115,633,389,568. Company measures include a 24.1% profit margin, 8.3% ROE and C$4.32 trailing EPS.

The grain-volume headline and what follows

The November 5 headline identifies record grain volumes as an event that has changed Canadian Pacific Kansas City’s investment story. The market snapshot shows CP.TO near the top of its 52-week range, while trading volume was below its 20-day average at 0.85 times that benchmark.

The listed average analyst target is C$140.75, implying a 5.8% move. These are reported analyst figures, not a forecast of the effect of grain volumes. See the CP.TO analyst-ratings page.

Wealth Awesome
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Wealth Awesome

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: November 11, 2026
Last Updated: November 11, 2026

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