Canadian Pacific Kansas City (TSE:CP) Price Target Raised to C$125.00 at Sanford C. Bernstein

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its price objective boosted by Sanford C. Bernstein from C$117.00 to C$125.00 in a research note published on Tuesday morning,BayStreet.CA reports.

Several other research firms also recently weighed in on CP. Scotiabank increased their target price on Canadian Pacific Kansas City from C$119.00 to C$124.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 21st. National Bank Financial cut Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 8th. TD Securities dropped 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. Citigroup cut their price objective on shares of Canadian Pacific Kansas City from C$88.00 to C$86.00 and set a “buy” rating on the stock in a report on Thursday, January 29th. Finally, BMO Capital Markets raised their target price on shares of Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research report on Thursday, February 19th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Canadian Pacific Kansas City has a consensus rating of “Moderate Buy” and a consensus target price of C$120.57.

Canadian Pacific Kansas City Stock Up 1.3%

CP stock opened at C$109.47 on Tuesday. The stock has a market capitalization of C$98.23 billion, a P/E ratio of 24.27, a PEG ratio of 2.32 and a beta of 1.14. The company has a debt-to-equity ratio of 50.54, a quick ratio of 0.42 and a current ratio of 0.49. Canadian Pacific Kansas City has a one year low of C$94.60 and a one year high of C$122.25. The company has a 50 day moving average price of C$110.56 and a two-hundred day moving average price of C$105.20.

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

Canadian Pacific Kansas City Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Monday, April 27th will be paid 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 dividend payout ratio is currently 19.38%.

Insider Transactions at Canadian Pacific Kansas City

In other news, Director Marc Parent acquired 13,000 shares of the business’s stock in a transaction dated Friday, January 30th. The shares were bought at an average cost of C$102.00 per share, for a total transaction of C$1,326,000.00. Following the acquisition, the director directly owned 13,933 shares in the company, valued at C$1,421,166. This trade represents a 1,393.35% increase in their position. Also, insider John Kenneth Brooks sold 14,845 shares of Canadian Pacific Kansas City stock in a transaction dated Friday, January 30th. The shares were sold at an average price of C$103.53, for a total value of C$1,536,902.85. Company 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.