Canadian Pacific Kansas City Limited (TSE:CP) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have earned an average rating of “Moderate Buy” from the fifteen brokerages that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and three have issued a strong buy rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$120.62.

Several equities analysts have recently commented on CP shares. Scotiabank lowered their price target on shares of Canadian Pacific Kansas City from C$122.00 to C$119.00 and set an “outperform” rating for the company in a research report on Friday, October 3rd. CIBC boosted their target price on shares of Canadian Pacific Kansas City from C$122.00 to C$123.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. JPMorgan Chase & Co. dropped their price target on shares of Canadian Pacific Kansas City from C$137.00 to C$124.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. ATB Capital increased their price objective on Canadian Pacific Kansas City from C$124.00 to C$125.00 and gave the stock an “outperform” rating in a report on Wednesday, October 15th. Finally, Desjardins raised their target price on Canadian Pacific Kansas City from C$120.00 to C$133.00 and gave the company a “buy” rating in a research report on Friday, December 12th.

Canadian Pacific Kansas City Stock Up 1.3%

Shares of Canadian Pacific Kansas City stock opened at C$102.32 on Monday. The stock has a market capitalization of C$92.17 billion, a price-to-earnings ratio of 22.24, a PEG ratio of 2.32 and a beta of 0.88. Canadian Pacific Kansas City has a twelve month low of C$94.60 and a twelve month high of C$118.80. The company has a current ratio of 0.53, a quick ratio of 0.42 and a debt-to-equity ratio of 49.64. The business’s 50 day simple moving average is C$101.04 and its 200-day simple moving average is C$104.14.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its quarterly earnings data on Wednesday, October 29th. The company reported C$1.10 earnings per share (EPS) for the quarter. Canadian Pacific Kansas City had a return on equity of 8.22% and a net margin of 24.50%.The business had revenue of C$3.66 billion during the quarter. Equities research analysts forecast that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Canadian Pacific Kansas City Company Profile

Canadian Pacific is a CAD 8 billion Class-1 railroads operating on more than 12,500 miles of track across most of Canada and into parts of the Midwestern and Northeastern United States. It is the second-smallest Class I railroad by revenue and route miles. In 2021, CP hauled shipments of grain (22% of freight revenue), intermodal containers (22%), energy products (like crude and frac sand), chemicals, and plastics (20%) coal (8%), fertilizer and potash (10%), automotive products (5%), and a diverse mix of other merchandise.