Canadian Pacific Kansas City Limited (TSE:CP) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have earned a consensus recommendation of “Moderate Buy” from the fourteen ratings firms that are presently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is C$121.43.

CP has been the topic of several recent research reports. Barclays lifted their price objective on shares of Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the company a “buy” rating in a research report on Wednesday, September 25th. JPMorgan Chase & Co. boosted their price objective on Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 8th. Desjardins decreased their price objective on Canadian Pacific Kansas City from C$132.00 to C$131.00 and set a “buy” rating for the company in a report on Thursday, October 24th. Sanford C. Bernstein cut their target price on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a research note on Wednesday, October 9th. Finally, Citigroup set a C$97.00 price target on Canadian Pacific Kansas City and gave the stock a “buy” rating in a research note on Wednesday, October 9th.

Insider Transactions at Canadian Pacific Kansas City

In other news, Senior Officer Maeghan Dawn Albiston sold 2,900 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of C$106.10, for a total value of C$307,694.64. Also, Senior Officer James Dominic Luther Clements sold 15,657 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of C$106.30, for a total transaction of C$1,664,359.45. 0.03% of the stock is owned by insiders.

Canadian Pacific Kansas City Stock Performance

CP stock opened at C$105.63 on Thursday. The stock’s fifty day moving average is C$107.22 and its two-hundred day moving average is C$109.61. The stock has a market capitalization of C$98.57 billion, a price-to-earnings ratio of 28.32, a PEG ratio of 2.32 and a beta of 0.79. The company has a debt-to-equity ratio of 50.47, a quick ratio of 0.42 and a current ratio of 0.51. Canadian Pacific Kansas City has a 1 year low of C$101.76 and a 1 year high of C$123.37.

Canadian Pacific Kansas City Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Monday, January 27th will be given a dividend of $0.19 per share. The ex-dividend date is Friday, December 27th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.72%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 20.38%.

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.