Brokerages Set Canadian Pacific Kansas City Limited (TSE:CP) PT at C$120.63

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have earned a consensus rating of “Moderate Buy” from the thirteen ratings firms that are currently covering the firm, MarketBeat reports. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is C$120.63.

CP has been the topic of a number of research reports. Barclays raised their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 in a research note on Thursday, April 4th. BMO Capital Markets lifted their price target on Canadian Pacific Kansas City from C$125.00 to C$133.00 in a research note on Monday, April 8th. Sanford C. Bernstein increased their price objective on Canadian Pacific Kansas City from C$117.00 to C$118.00 and gave the company a “hold” rating in a research note on Monday, April 15th. Desjardins lifted their target price 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. Finally, Scotiabank dropped their price objective on shares of Canadian Pacific Kansas City from C$126.00 to C$124.00 and set a “sector perform” rating for the company in a research note on Thursday, April 25th.

Insider Buying and Selling at Canadian Pacific Kansas City

In other news, Director Isabelle Courville sold 4,500 shares of the stock in a transaction on Thursday, May 16th. The stock was sold at an average price of C$110.80, for a total transaction of C$498,600.00. In other Canadian Pacific Kansas City news, Director Isabelle Courville sold 4,500 shares of the company’s stock in a transaction on Thursday, May 16th. The stock was sold at an average price of C$110.80, for a total transaction of C$498,600.00. Also, Senior Officer Nadeem Velani sold 1,000 shares of Canadian Pacific Kansas City stock in a transaction 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 have sold 183,438 shares of company stock worth $20,423,831 over the last quarter. 0.03% of the stock is currently owned by company insiders.

Canadian Pacific Kansas City Stock Up 0.3 %

Canadian Pacific Kansas City stock opened at C$111.67 on Wednesday. The company has a debt-to-equity ratio of 51.94, a current ratio of 0.49 and a quick ratio of 0.42. The stock has a market capitalization of C$104.16 billion, a PE ratio of 26.72, a price-to-earnings-growth ratio of 2.32 and a beta of 0.75. The business has a 50 day simple moving average of C$116.37 and a 200-day simple moving average of C$109.54. Canadian Pacific Kansas City has a 12 month low of C$94.45 and a 12 month high of C$123.37.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings data on Wednesday, April 24th. The company reported C$0.93 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.95 by C($0.02). The company had revenue of C$3.52 billion for the quarter, compared to analyst estimates of C$3.52 billion. Canadian Pacific Kansas City had a return on equity of 9.36% and a net margin of 28.26%. On average, analysts anticipate that Canadian Pacific Kansas City will post 4.2982664 EPS for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

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

Canadian Pacific Kansas City Company Profile

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.