Canadian Pacific Kansas City Limited (TSE:CP) Receives C$134.36 Average Target Price from Analysts

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been given a consensus rating of “Moderate Buy” by the fourteen research firms that are covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$134.36.

CP has been the topic of a number of research analyst reports. TD upped their target price on shares of Canadian Pacific Kansas City from C$128.00 to C$134.00 and gave the stock a “hold” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. lifted their target price on Canadian Pacific Kansas City from C$135.00 to C$153.00 in a research note on Thursday, July 30th. Royal Bank Of Canada lifted their price target on shares of Canadian Pacific Kansas City from C$139.00 to C$145.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Stephens upgraded Canadian Pacific Kansas City to a “hold” rating in a research note on Wednesday, July 8th. Finally, Desjardins upped their target price on Canadian Pacific Kansas City from C$141.00 to C$143.00 and gave the company a “buy” rating in a research report on Thursday, July 30th.

Canadian Pacific Kansas City Stock Down 1.5%

Shares of TSE CP opened at C$131.06 on Tuesday. The company has a debt-to-equity ratio of 53.93, a current ratio of 0.59 and a quick ratio of 0.42. The company has a market cap of C$115.21 billion, a P/E ratio of 30.48, a PEG ratio of 2.32 and a beta of 1.28. Canadian Pacific Kansas City has a 1 year low of C$96.50 and a 1 year high of C$133.38. The firm has a 50-day simple moving average of C$126.88 and a two-hundred day simple moving average of C$119.66.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its earnings results on Wednesday, July 29th. The company reported C$1.27 earnings per share (EPS) for the quarter. The business had revenue of C$4.16 billion during the quarter. Canadian Pacific Kansas City had a return on equity of 8.35% and a net margin of 25.04%. Research analysts anticipate that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 27th. Investors of record on Monday, July 27th were issued a dividend of $0.268 per share. This represents a $1.07 annualized dividend and a dividend yield of 0.8%. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Friday, June 26th. Canadian Pacific Kansas City’s dividend payout ratio is 22.14%.

Insider Buying and Selling at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, insider Maeghan Dawn Albiston sold 5,690 shares of Canadian Pacific Kansas City stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of C$125.00, for a total transaction of C$711,250.00. Also, insider Laird Joseph Pitz sold 24,630 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of C$135.08, for a total value of C$3,327,020.40. In the last three months, insiders have sold 60,400 shares of company stock worth $7,828,689. Insiders own 0.03% of the company’s stock.

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.