Canadian Pacific Kansas City (TSE:CP) Price Target Raised to C$134.00

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its price objective upped by stock analysts at ATB Capital from C$133.00 to C$134.00 in a note issued to investors on Thursday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. ATB Capital’s target price suggests a potential upside of 25.02% from the company’s current price.

A number of other research analysts have also issued reports on CP. National Bankshares boosted their target price on shares of Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the company a “sector perform” rating in a research note on Thursday. Royal Bank of Canada increased their price objective on Canadian Pacific Kansas City from C$133.00 to C$137.00 and gave the stock an “outperform” rating in a report on Monday, September 30th. Desjardins lifted their target price on Canadian Pacific Kansas City from C$131.00 to C$132.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. Sanford C. Bernstein decreased their price target on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a research note on Wednesday, October 9th. Finally, TD Securities lifted their price objective on shares of Canadian Pacific Kansas City from C$115.00 to C$120.00 and gave the company a “hold” rating in a research note on Wednesday, July 31st. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$120.93.

Canadian Pacific Kansas City Stock Down 1.5 %

Shares of Canadian Pacific Kansas City stock opened at C$107.18 on Thursday. The stock has a market capitalization of C$100.01 billion, a price-to-earnings ratio of 28.80, a PEG ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City has a twelve month low of C$94.45 and a twelve month high of C$123.37. The company has a current ratio of 0.51, a quick ratio of 0.42 and a debt-to-equity ratio of 50.47. The business’s 50 day simple moving average is C$112.38 and its 200-day simple moving average is C$111.53.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its earnings results on Tuesday, July 30th. The company reported C$1.05 earnings per share for the quarter, topping the consensus estimate of C$1.01 by C$0.04. Canadian Pacific Kansas City had a return on equity of 8.10% and a net margin of 24.46%. The firm had revenue of C$3.60 billion for the quarter, compared to analyst estimates of C$3.55 billion. Equities research analysts forecast that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Insider Activity at Canadian Pacific Kansas City

In other news, Senior Officer John Kenneth Brooks sold 21,700 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of C$112.01, for a total value of C$2,430,629.59. In other news, Senior Officer John Kenneth Brooks sold 21,700 shares of the firm’s stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of C$112.01, for a total value of C$2,430,629.59. Also, Senior Officer Laird Joseph Pitz sold 5,480 shares of the company’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of C$79.71, for a total value of C$436,796.55. 0.03% of the stock is currently owned by corporate insiders.

About Canadian Pacific Kansas City

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.