Canadian Pacific Kansas City Limited (TSE:CP) Receives C$120.63 Average PT from Analysts

Canadian Pacific Kansas City Limited (TSE:CPGet Free Report) (NYSE:CP) has been assigned an average rating of “Moderate Buy” from the thirteen analysts that are currently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$120.63.

Several research firms have issued reports on CP. Desjardins boosted their price objective on shares of Canadian Pacific Kansas City from C$118.00 to C$130.00 and gave the stock a “buy” rating in a research note on Friday, April 12th. Royal Bank of Canada increased their price target on Canadian Pacific Kansas City from C$127.00 to C$133.00 in a report on Monday, April 1st. National Bankshares reduced their price objective on Canadian Pacific Kansas City from C$121.00 to C$119.00 and set a “sector perform” rating on the stock in a research note on Thursday, April 25th. ATB Capital raised their target price on Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the company an “outperform” rating in a report on Wednesday, April 10th. Finally, Scotiabank decreased their price target on Canadian Pacific Kansas City from C$126.00 to C$124.00 and set a “sector perform” rating for the company in a report on Thursday, April 25th.

Get Our Latest Stock Analysis on Canadian Pacific Kansas City

Insider Activity at Canadian Pacific Kansas City

In related news, Senior Officer Nadeem Velani sold 1,000 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of C$123.30, for a total transaction of C$123,300.00. In related news, Director Isabelle Courville sold 4,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of C$110.80, for a total value of C$498,600.00. Also, Senior Officer Nadeem Velani sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of C$123.30, for a total value of C$123,300.00. Insiders sold a total of 183,438 shares of company stock valued at $20,423,831 over the last three months. 0.03% of the stock is owned by insiders.

Canadian Pacific Kansas City Trading Up 0.3 %

Shares of CP opened at C$111.67 on Wednesday. Canadian Pacific Kansas City has a twelve month low of C$94.45 and a twelve month high of C$123.37. The firm has a market capitalization of C$104.16 billion, a P/E ratio of 26.72, a price-to-earnings-growth ratio of 2.32 and a beta of 0.77. The company has a current ratio of 0.49, a quick ratio of 0.42 and a debt-to-equity ratio of 51.94. The stock’s fifty day simple moving average is C$116.37 and its 200 day simple moving average is C$109.69.

Canadian Pacific Kansas City (TSE:CPGet Free Report) (NYSE:CP) last released its quarterly earnings data on Wednesday, April 24th. The company reported C$0.93 EPS for the quarter, missing analysts’ consensus estimates of C$0.95 by C($0.02). Canadian Pacific Kansas City had a return on equity of 9.36% and a net margin of 28.26%. The firm had revenue of C$3.52 billion during the quarter, compared to analysts’ expectations of C$3.52 billion. On average, equities research analysts forecast that Canadian Pacific Kansas City will post 4.2999615 earnings per share for the current year.

Canadian Pacific Kansas City Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 29th. Stockholders of record on Friday, June 28th will be given a dividend of $0.19 per share. The ex-dividend date is Friday, June 28th. This represents a $0.76 annualized dividend and a dividend yield of 0.68%. Canadian Pacific Kansas City’s payout ratio is 18.18%.

About Canadian Pacific Kansas City

(Get Free Report

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.

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Analyst Recommendations for Canadian Pacific Kansas City (TSE:CP)

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