Canadian Pacific Kansas City Limited (TSE:CP) Receives Average Recommendation of “Moderate Buy” from Analysts

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been given an average recommendation of “Moderate Buy” by the fourteen analysts that are currently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is C$121.43.

CP has been the subject of a number of research reports. ATB Capital raised their price objective on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Susquehanna upgraded Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 24th. Barclays lifted their target price on shares of Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. National Bankshares boosted their target price on shares of Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 24th. Finally, TD Securities raised their price target on shares of Canadian Pacific Kansas City from C$115.00 to C$120.00 and gave the company a “hold” rating in a report on Wednesday, July 31st.

Canadian Pacific Kansas City Price Performance

TSE CP opened at C$109.76 on Wednesday. The business’s fifty day moving average is C$112.46 and its two-hundred day moving average is C$110.92. The stock has a market capitalization of C$102.42 billion, a P/E ratio of 29.43, a P/E/G ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City has a 1 year low of C$94.45 and a 1 year high of C$123.37. The company has a debt-to-equity ratio of 50.47, a quick ratio of 0.42 and a current ratio of 0.51.

Canadian Pacific Kansas City Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Friday, December 27th will be issued a dividend of $0.19 per share. The ex-dividend date is Friday, December 27th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.69%. Canadian Pacific Kansas City’s payout ratio is presently 20.38%.

Insider Buying and Selling at Canadian Pacific Kansas City

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

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.