Brokerages Set Canadian Pacific Kansas City Limited (TSE:CP) Price Target at C$123.07

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have earned a consensus rating of “Moderate Buy” from the eleven brokerages that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$123.07.

CP has been the topic of several research analyst reports. ATB Cormark Capital Markets upped their price objective on shares of Canadian Pacific Kansas City from C$127.00 to C$130.00 and gave the stock a “moderate buy” rating in a research note on Friday, April 17th. Royal Bank Of Canada decreased their price objective on shares of Canadian Pacific Kansas City from C$128.00 to C$127.00 and set an “outperform” rating on the stock in a research note on Thursday, April 30th. Desjardins upped their price objective on shares of Canadian Pacific Kansas City from C$129.00 to C$131.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. National Bank Financial upped their price objective on shares of Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 15th. Finally, Barclays upped their target price on shares of Canadian Pacific Kansas City from C$125.00 to C$135.00 in a research report on Thursday, April 30th.

Insider Activity at Canadian Pacific Kansas City

In other news, insider Maeghan Dawn Albiston sold 5,690 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of C$125.00, for a total transaction of C$711,250.00. Also, insider John Kenneth Brooks sold 65,130 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of C$122.24, for a total transaction of C$7,961,491.20. Insiders sold 99,515 shares of company stock valued at $12,279,066 in the last three months. 0.03% of the stock is currently owned by corporate insiders.

Canadian Pacific Kansas City Price Performance

Shares of Canadian Pacific Kansas City stock opened at C$125.73 on Thursday. The company has a current ratio of 0.67, a quick ratio of 0.42 and a debt-to-equity ratio of 52.35. The stock has a market capitalization of C$111.62 billion, a price-to-earnings ratio of 28.06, a P/E/G ratio of 2.32 and a beta of 1.29. Canadian Pacific Kansas City has a 1-year low of C$96.50 and a 1-year high of C$127.17. The firm’s 50-day moving average price is C$116.52 and its two-hundred day moving average price is C$109.67.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings data on Wednesday, April 29th. The company reported C$1.04 earnings per share for the quarter. The firm had revenue of C$3.70 billion for the quarter. Canadian Pacific Kansas City had a net margin of 27.03% and a return on equity of 8.78%. On average, equities analysts predict that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 27th. Stockholders of record on Monday, April 27th were given a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Friday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio is presently 20.36%.

Canadian Pacific Kansas City Company Profile

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.