Canadian Pacific Kansas City (NYSE:CP) Receives Positive Rating from Susquehanna

Canadian Pacific Kansas City (NYSE:CPGet Free Report) (TSE:CP)‘s stock had its “positive” rating reaffirmed by stock analysts at Susquehanna in a report released on Tuesday, Marketbeat Ratings reports. They currently have a $94.00 price target on the transportation company’s stock, up from their prior price target of $90.00. Susquehanna’s price target points to a potential upside of 20.53% from the company’s previous close.

Other analysts have also issued research reports about the company. Citigroup lowered their target price on Canadian Pacific Kansas City from $91.00 to $84.00 and set a “buy” rating on the stock in a report on Tuesday, April 8th. Scotiabank reissued an “outperform” rating on shares of Canadian Pacific Kansas City in a report on Thursday, May 1st. Jefferies Financial Group lowered their target price on Canadian Pacific Kansas City from $100.00 to $90.00 and set a “buy” rating on the stock in a report on Wednesday, April 9th. Royal Bank Of Canada lowered their target price on Canadian Pacific Kansas City from $122.00 to $121.00 and set an “outperform” rating on the stock in a report on Thursday, May 1st. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $91.00 target price on shares of Canadian Pacific Kansas City in a report on Monday, June 2nd. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $90.95.

Read Our Latest Analysis on CP

Canadian Pacific Kansas City Trading Down 1.6%

NYSE:CP opened at $77.99 on Tuesday. The stock has a fifty day moving average price of $78.18 and a two-hundred day moving average price of $76.03. The stock has a market capitalization of $71.86 billion, a price-to-earnings ratio of 26.35, a PEG ratio of 2.15 and a beta of 1.10. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.70 and a current ratio of 0.81. Canadian Pacific Kansas City has a 1 year low of $66.49 and a 1 year high of $87.72.

Canadian Pacific Kansas City (NYSE:CPGet Free Report) (TSE:CP) last posted its earnings results on Wednesday, April 30th. The transportation company reported $0.74 earnings per share for the quarter, meeting the consensus estimate of $0.74. The company had revenue of $2.66 billion for the quarter, compared to analyst estimates of $2.56 billion. Canadian Pacific Kansas City had a return on equity of 8.68% and a net margin of 25.99%. Canadian Pacific Kansas City’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.93 earnings per share. As a group, sell-side analysts anticipate that Canadian Pacific Kansas City will post 3.42 earnings per share for the current fiscal year.

Institutional Trading of Canadian Pacific Kansas City

A number of large investors have recently made changes to their positions in CP. North Capital Inc. acquired a new stake in Canadian Pacific Kansas City in the 1st quarter worth about $27,000. Cornerstone Planning Group LLC boosted its stake in Canadian Pacific Kansas City by 209.8% in the 1st quarter. Cornerstone Planning Group LLC now owns 378 shares of the transportation company’s stock worth $28,000 after buying an additional 256 shares during the last quarter. Cheviot Value Management LLC acquired a new stake in Canadian Pacific Kansas City in the 1st quarter worth about $30,000. Bernard Wealth Management Corp. acquired a new stake in Canadian Pacific Kansas City in the 4th quarter worth about $31,000. Finally, Hexagon Capital Partners LLC boosted its stake in Canadian Pacific Kansas City by 49.5% in the 1st quarter. Hexagon Capital Partners LLC now owns 495 shares of the transportation company’s stock worth $35,000 after buying an additional 164 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

About Canadian Pacific Kansas City

(Get Free Report)

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.

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