Canadian Pacific Kansas City (TSE:CP) Stock Rating Upgraded by Citizens Jmp

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) was upgraded by equities researchers at Citizens Jmp to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Several other equities research analysts also recently weighed in on CP. National Bank Financial raised their price target on Canadian Pacific Kansas City from C$125.00 to C$132.00 and gave the stock an “outperform” rating in a report on Friday, June 26th. Barclays upped their price target on shares of Canadian Pacific Kansas City from C$135.00 to C$145.00 in a report on Friday, June 26th. Stephens raised shares of Canadian Pacific Kansas City to a “hold” rating in a research note on Wednesday, July 8th. Raymond James Financial lifted their price target on Canadian Pacific Kansas City from C$125.00 to C$140.00 and gave the company an “outperform” rating in a research note on Tuesday. Finally, Sanford C. Bernstein boosted their price target on shares of Canadian Pacific Kansas City from C$117.00 to C$125.00 in a report on Tuesday, March 31st. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$128.93.

Canadian Pacific Kansas City Price Performance

Shares of CP opened at C$127.09 on Wednesday. The company has a 50 day moving average price of C$122.84 and a 200-day moving average price of C$114.07. The company has a debt-to-equity ratio of 52.35, a quick ratio of 0.42 and a current ratio of 0.67. The stock has a market capitalization of C$112.82 billion, a PE ratio of 28.37, a PEG ratio of 2.32 and a beta of 1.28. Canadian Pacific Kansas City has a fifty-two week low of C$96.50 and a fifty-two week high of C$129.65.

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

Insiders Place Their Bets

In related news, insider Cassandra P. Quach sold 4,015 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of C$124.82, for a total transaction of C$501,152.30. Also, insider John Kenneth Brooks sold 65,130 shares of Canadian Pacific Kansas City stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of C$122.24, for a total transaction of C$7,961,491.20. Over the last 90 days, insiders have sold 99,515 shares of company stock worth $12,279,066. 0.03% of the stock is currently 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.