Canadian Pacific Kansas City Limited (TSE:CP) Receives C$123.86 Average PT from Analysts

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have been given a consensus rating of “Moderate Buy” by the sixteen research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is C$123.86.

A number of equities research analysts recently weighed in on the stock. Wolfe Research upgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 8th. Royal Bank of Canada boosted their price target on Canadian Pacific Kansas City from C$124.00 to C$128.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. UBS Group raised their price objective on Canadian Pacific Kansas City from C$127.00 to C$129.00 in a report on Thursday, January 30th. ATB Capital upped their target price on Canadian Pacific Kansas City from C$129.00 to C$130.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. Finally, Desjardins raised their price target on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the company a “buy” rating in a research note on Thursday, January 30th.

Insider Transactions at Canadian Pacific Kansas City

In related news, Senior Officer Keith E. Creel sold 51,727 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of C$104.91, for a total value of C$5,426,615.01. Also, Senior Officer Laird Joseph Pitz sold 18,710 shares of the company’s stock in a transaction that occurred on 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 sold 88,994 shares of company stock valued at $9,572,099 in the last quarter. 0.03% of the stock is currently owned by corporate insiders.

Canadian Pacific Kansas City Stock Performance

CP stock opened at C$108.09 on Tuesday. The firm has a market cap of C$101.03 billion, a price-to-earnings ratio of 28.54, a PEG ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City has a twelve month low of C$101.76 and a twelve month high of C$122.83. 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 business’s fifty day simple moving average is C$110.42 and its two-hundred day simple moving average is C$109.80.

Canadian Pacific Kansas City Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, April 28th will be issued a dividend of $0.19 per share. The ex-dividend date is Friday, March 28th. This represents a $0.76 annualized dividend and a dividend yield of 0.70%. Canadian Pacific Kansas City’s dividend payout ratio is presently 20.06%.

About Canadian Pacific Kansas City

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.