Canadian Pacific Kansas City Limited (TSE:CP) Receives C$121.43 Consensus Target Price from Analysts

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have been given an average rating of “Moderate Buy” by the fourteen brokerages that are covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is C$121.43.

Several equities research analysts have commented on CP shares. Citigroup set a C$97.00 price target on shares of Canadian Pacific Kansas City and gave the company a “buy” rating in a report on Wednesday, October 9th. Susquehanna raised Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 24th. Sanford C. Bernstein reduced their price target on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a research report on Wednesday, October 9th. Royal Bank of Canada lowered their price objective on Canadian Pacific Kansas City from C$137.00 to C$134.00 and set an “outperform” rating on the stock in a research report on Thursday, October 24th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the company an “overweight” rating in a report on Tuesday, October 8th.

Canadian Pacific Kansas City Stock Down 1.0 %

Canadian Pacific Kansas City stock opened at C$104.58 on Thursday. The business’s 50-day simple moving average is C$106.77 and its two-hundred day simple moving average is C$109.59. The company has a debt-to-equity ratio of 50.47, a quick ratio of 0.42 and a current ratio of 0.51. The company has a market cap of C$97.59 billion, a PE ratio of 28.04, a PEG ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City has a fifty-two week low of C$101.76 and a fifty-two week high of C$123.37.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Monday, January 27th will be issued a $0.19 dividend. The ex-dividend date is Friday, December 27th. This represents a $0.76 dividend on an annualized basis and a yield of 0.73%. Canadian Pacific Kansas City’s payout ratio is 20.38%.

Insiders Place Their Bets

In related news, Senior Officer Keith E. Creel sold 51,727 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of C$104.91, for a total value of C$5,426,615.01. Also, Senior Officer James Dominic Luther Clements sold 15,657 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of C$106.30, for a total value of C$1,664,359.45. Insiders have sold 70,284 shares of company stock valued at $7,398,669 in the last ninety days. 0.03% of the stock is currently owned by corporate insiders.

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.