Canadian Pacific Kansas City (TSE:CP) Price Target Raised to C$130.00 at Raymond James

Canadian Pacific Kansas City (TSE:CPFree Report) (NYSE:CP) had its price objective raised by Raymond James from C$120.00 to C$130.00 in a research report released on Monday morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other equities research analysts have also weighed in on the company. TD Securities raised their price objective on Canadian Pacific Kansas City from C$110.00 to C$115.00 and gave the stock a hold rating in a research note on Wednesday, January 31st. Sanford C. Bernstein lifted their price target on Canadian Pacific Kansas City from C$117.00 to C$118.00 and gave the stock a hold rating in a research note on Monday, April 15th. BMO Capital Markets upped their price objective on shares of Canadian Pacific Kansas City from C$125.00 to C$133.00 in a research note on Monday, April 8th. ATB Capital lifted their target price on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the stock an outperform rating in a research report on Wednesday, April 10th. Finally, Stephens upped their price target on shares of Canadian Pacific Kansas City from C$78.00 to C$83.00 and gave the company an equal weight rating in a research report on Thursday, January 4th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average price target of C$120.88.

Read Our Latest Research Report on CP

Canadian Pacific Kansas City Price Performance

Shares of Canadian Pacific Kansas City stock opened at C$118.41 on Monday. Canadian Pacific Kansas City has a 52 week low of C$94.45 and a 52 week high of C$123.37. The company has a current ratio of 0.53, a quick ratio of 0.42 and a debt-to-equity ratio of 53.85. The company’s 50-day moving average price is C$118.28 and its two-hundred day moving average price is C$107.90. The stock has a market cap of C$110.42 billion, a PE ratio of 28.13, a price-to-earnings-growth ratio of 2.32 and a beta of 0.75.

Canadian Pacific Kansas City (TSE:CPGet Free Report) (NYSE:CP) last released its earnings results on Tuesday, January 30th. The company reported C$1.18 EPS for the quarter, topping analysts’ consensus estimates of C$1.12 by C$0.06. The business had revenue of C$3.78 billion for the quarter, compared to the consensus estimate of C$3.66 billion. Canadian Pacific Kansas City had a net margin of 31.28% and a return on equity of 9.65%. As a group, sell-side analysts anticipate that Canadian Pacific Kansas City will post 4.3266423 EPS for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 29th. Shareholders of record on Thursday, March 28th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 0.64%. The ex-dividend date is Wednesday, March 27th. Canadian Pacific Kansas City’s payout ratio is currently 18.05%.

Insider Transactions at Canadian Pacific Kansas City

In related news, Senior Officer Nadeem Velani sold 1,500 shares of the stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of C$122.15, for a total value of C$183,225.00. In related news, Senior Officer Nadeem Velani sold 1,500 shares of Canadian Pacific Kansas City stock in a transaction on Friday, March 8th. The shares were sold at an average price of C$122.15, for a total value of C$183,225.00. Also, Senior Officer Keith E. Creel sold 59,925 shares of the company’s stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of C$119.53, for a total transaction of C$7,162,691.43. Insiders sold 97,758 shares of company stock valued at $10,774,715 in the last three months. Corporate insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Company Profile

(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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Analyst Recommendations for Canadian Pacific Kansas City (TSE:CP)

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