Canadian Pacific Kansas City (TSE:CP) Given New C$117.00 Price Target at TD

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its price target increased by TD from C$112.00 to C$117.00 in a report released on Monday,BayStreet.CA reports. They currently have a hold rating on the stock.

Several other equities analysts have also recently commented on the stock. Citigroup reduced their price objective on shares of Canadian Pacific Kansas City from C$88.00 to C$86.00 and set a “buy” rating for the company in a research note on Thursday, January 29th. Royal Bank Of Canada boosted their price objective on shares of Canadian Pacific Kansas City from C$124.00 to C$128.00 in a research note on Thursday, March 26th. Desjardins reduced their price objective on shares of Canadian Pacific Kansas City from C$130.00 to C$129.00 and set a “buy” rating for the company in a research note on Tuesday, March 31st. TD Securities reduced their price objective on shares of Canadian Pacific Kansas City from C$116.00 to C$112.00 and set a “hold” rating for the company in a research note on Thursday, January 29th. Finally, Sanford C. Bernstein boosted their price objective on shares of Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research note on Tuesday, March 31st. Seven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$119.86.

Canadian Pacific Kansas City Price Performance

Shares of TSE:CP opened at C$112.20 on Monday. The company has a 50 day moving average of C$112.52 and a 200 day moving average of C$105.66. The stock has a market cap of C$100.68 billion, a P/E ratio of 24.88, a P/E/G ratio of 2.32 and a beta of 1.13. Canadian Pacific Kansas City has a 12 month low of C$96.50 and a 12 month high of C$122.25. The company has a current ratio of 0.49, a quick ratio of 0.42 and a debt-to-equity ratio of 50.54.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings data on Wednesday, January 28th. The company reported C$1.33 EPS for the quarter. The company had revenue of C$3.92 billion during the quarter. Canadian Pacific Kansas City had a net margin of 27.46% and a return on equity of 8.90%. As a group, sell-side analysts forecast that Canadian Pacific Kansas City will post 4.3438583 EPS for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Monday, April 27th will be given a dividend of $0.228 per share. The ex-dividend date is Friday, March 27th. This represents a $0.91 annualized dividend and a yield of 0.8%. Canadian Pacific Kansas City’s payout ratio is presently 19.38%.

Insider Activity at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, insider John Kenneth Brooks sold 14,845 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of C$103.53, for a total transaction of C$1,536,902.85. Also, Director Marc Parent bought 13,000 shares of the company’s stock in a transaction on Friday, January 30th. The shares were bought at an average price of C$102.00 per share, with a total value of C$1,326,000.00. Following the completion of the transaction, the director owned 13,933 shares of the company’s stock, valued at C$1,421,166. The trade was a 1,393.35% increase in their ownership of the stock. Insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Company Profile

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.