Canadian Pacific Kansas City Limited (TSE:CP) Receives C$121.43 Consensus Price Target from Analysts

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have been given a consensus recommendation of “Moderate Buy” by the fourteen analysts that are presently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$121.43.

Several research analysts have recently commented on CP shares. ATB Capital lifted their target price on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Desjardins reduced their target price on Canadian Pacific Kansas City from C$132.00 to C$131.00 and set a “buy” rating for the company in a research note on Thursday, October 24th. Royal Bank of Canada reduced their target price on Canadian Pacific Kansas City from C$137.00 to C$134.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Citigroup set a C$97.00 target price on Canadian Pacific Kansas City and gave the stock a “buy” rating in a research note on Wednesday, October 9th. Finally, National Bankshares lifted their target price on Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 24th.

Insider Activity

In related news, Senior Officer Laird Joseph Pitz sold 5,480 shares of the business’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of C$79.71, for a total transaction of C$436,796.55. In related news, Senior Officer Laird Joseph Pitz sold 5,480 shares of the business’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of C$79.71, for a total transaction of C$436,796.55. Also, Senior Officer John Kenneth Brooks sold 21,700 shares of the business’s stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of C$112.01, for a total value of C$2,430,629.59. Corporate insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Stock Down 1.1 %

CP stock opened at C$108.04 on Wednesday. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 50.47. The business has a 50 day moving average price of C$112.35 and a two-hundred day moving average price of C$110.75. The company has a market cap of C$100.81 billion, a price-to-earnings ratio of 28.97, a P/E/G ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City has a twelve month low of C$94.45 and a twelve month high of C$123.37.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Friday, December 27th will be paid a $0.19 dividend. The ex-dividend date is Friday, December 27th. This represents a $0.76 annualized dividend and a dividend yield of 0.70%. Canadian Pacific Kansas City’s payout ratio is 20.38%.

Canadian Pacific Kansas City Company Profile

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.