Canadian Pacific Kansas City (TSE:CP) Given New C$139.00 Price Target at Royal Bank Of Canada

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its price target lifted by analysts at Royal Bank Of Canada from C$127.00 to C$139.00 in a note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price points to a potential upside of 14.98% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. JPMorgan Chase & Co. upped their price objective on shares of Canadian Pacific Kansas City from C$120.00 to C$133.00 in a report on Thursday, April 30th. TD boosted their price target on shares of Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the company a “hold” rating in a research report on Monday, April 13th. Sanford C. Bernstein upped their price target on shares of Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research note on Tuesday, March 31st. National Bank Financial upped their price target on shares of Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the company an “outperform” rating in a research note on Wednesday, April 15th. Finally, Raymond James Financial raised their price objective on shares of Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Nine investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Canadian Pacific Kansas City presently has a consensus rating of “Moderate Buy” and a consensus target price of C$124.64.

Canadian Pacific Kansas City Stock Performance

Shares of CP traded down C$0.38 during mid-day trading on Wednesday, hitting C$120.89. The stock had a trading volume of 546,628 shares, compared to its average volume of 1,477,550. The firm has a market cap of C$107.32 billion, a P/E ratio of 26.98, a PEG ratio of 2.32 and a beta of 1.29. The business has a fifty day moving average price of C$119.39 and a 200-day moving average price of C$111.47. The company has a debt-to-equity ratio of 52.35, a current ratio of 0.67 and a quick ratio of 0.42. Canadian Pacific Kansas City has a 52 week low of C$96.50 and a 52 week high of C$127.50.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings results on Wednesday, April 29th. The company reported C$1.04 EPS for the quarter. The firm 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%. On average, equities research analysts expect that Canadian Pacific Kansas City will post 4.3438583 EPS for the current year.

Insiders Place Their Bets

In other Canadian Pacific Kansas City news, insider James Dominic Luther Clements sold 21,035 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of C$125.68, for a total value of C$2,643,678.80. Also, insider Maeghan Dawn Albiston sold 5,690 shares of Canadian Pacific Kansas City stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of C$125.00, for a total value of C$711,250.00. Over the last three months, insiders sold 99,515 shares of company stock worth $12,279,066. 0.03% of the stock is owned by corporate insiders.

Canadian Pacific Kansas City Company Profile

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.