Canadian Pacific Kansas City (TSE:CP) Price Target Cut to C$115.00 by Analysts at Raymond James

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its target price cut by Raymond James from C$130.00 to C$115.00 in a research report released on Tuesday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

CP has been the subject of several other reports. Loop Capital downgraded shares of Canadian Pacific Kansas City from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, February 3rd. CIBC reduced their price target on Canadian Pacific Kansas City from C$128.00 to C$124.00 and set an “outperform” rating on the stock in a report on Tuesday, March 25th. Stephens upgraded Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. Royal Bank of Canada reduced their target price on Canadian Pacific Kansas City from C$128.00 to C$122.00 and set an “outperform” rating on the stock in a research note on Monday, March 31st. Finally, Scotiabank decreased their target price on Canadian Pacific Kansas City from C$128.00 to C$120.00 and set an “outperform” rating for the company in a report on Wednesday, April 2nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$122.38.

Canadian Pacific Kansas City Stock Down 0.5 %

Shares of TSE CP opened at C$100.72 on Tuesday. The firm’s fifty day moving average is C$105.28 and its 200 day moving average is C$107.34. Canadian Pacific Kansas City has a 52 week low of C$94.60 and a 52 week high of C$120.62. The company has a quick ratio of 0.42, a current ratio of 0.53 and a debt-to-equity ratio of 49.64. The company has a market cap of C$94.14 billion, a price-to-earnings ratio of 26.59, a PEG ratio of 2.32 and a beta of 0.79.

Canadian Pacific Kansas City Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Monday, April 28th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date is Friday, March 28th. Canadian Pacific Kansas City’s dividend payout ratio is 20.06%.

Insider Transactions at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer Laird Joseph Pitz sold 18,710 shares of the firm’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of C$116.16, for a total transaction of C$2,173,430.39. 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.