Canadian Pacific Kansas City (TSE:CP) Price Target Raised to C$132.00 at National Bank Financial

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its target price upped by investment analysts at National Bank Financial from C$125.00 to C$132.00 in a report released on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 6.51% from the company’s previous close.

Several other research firms have also weighed in on CP. BMO Capital Markets upped their price objective on shares of Canadian Pacific Kansas City from C$132.00 to C$142.00 and gave the company an “outperform” rating in a research note on Monday, June 15th. Raymond James Financial boosted their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Barclays upped their price target on shares of Canadian Pacific Kansas City from C$135.00 to C$145.00 in a research note on Friday. Desjardins increased their price objective on Canadian Pacific Kansas City from C$129.00 to C$131.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, TD boosted their target price on Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the company a “hold” rating in a research note on Monday, April 13th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$125.86.

Canadian Pacific Kansas City Stock Up 0.2%

TSE CP traded up C$0.24 during trading on Friday, reaching C$123.93. 519,795 shares of the company’s stock were exchanged, compared to its average volume of 1,480,230. The company has a current ratio of 0.67, a quick ratio of 0.42 and a debt-to-equity ratio of 52.35. Canadian Pacific Kansas City has a fifty-two week low of C$96.50 and a fifty-two week high of C$127.50. The company’s fifty day simple moving average is C$119.78 and its 200-day simple moving average is C$111.75. The firm has a market capitalization of C$110.02 billion, a PE ratio of 27.66, a P/E/G ratio of 2.32 and a beta of 1.29.

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

Insider Buying and Selling

In other news, insider Maeghan Dawn Albiston sold 3,645 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of C$126.61, for a total transaction of C$461,493.45. Also, insider James Dominic Luther Clements sold 21,035 shares of the firm’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of C$125.68, for a total transaction of C$2,643,678.80. Over the last three months, insiders sold 99,515 shares of company stock valued at $12,279,066. 0.03% of the stock is owned by company insiders.

About Canadian Pacific Kansas City

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.