11:04 AM EST, 02/03/2025 (MT Newswires) -- RBC sees CPKC as most exposed to tariffs among the Class 1s railroads with 41% of the company's revenue coming from goods being transported cross-border.

"While CPKC is not subject to tariffs itself (instead it's their customers that are), we nevertheless view its trans-border revenue as being potentially impacted, in addition to its long-term growth targets, to the extent tariffs at current levels have structural impacts long-term," notes RBC analyst Walter Spracklin.

CP Rail is rated Outperform, with a $128 target at RBC.

Price: 112.50, Change: -3.00, Percent Change: -2.60