Canadian Pacific Kansas City (TSE:CP) PT Raised to C$122.00 at Sanford C. Bernstein

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its price objective lifted by Sanford C. Bernstein from C$118.00 to C$122.00 in a report issued on Monday, BayStreet.CA reports. Sanford C. Bernstein’s target price would indicate a potential upside of 14.06% from the company’s current price.

CP has been the subject of a number of other research reports. CIBC upped their target price on shares of Canadian Pacific Kansas City from C$124.00 to C$130.00 and gave the stock an “outperform” rating in a report on Wednesday, March 27th. Barclays upped their target price on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 in a report on Thursday, April 4th. National Bankshares set a C$119.00 target price on shares of Canadian Pacific Kansas City and gave the stock a “sector perform” rating in a report on Thursday, June 27th. Royal Bank of Canada upped their target price on shares of Canadian Pacific Kansas City from C$127.00 to C$133.00 in a report on Monday, April 1st. Finally, Desjardins boosted their price target on shares of Canadian Pacific Kansas City from C$118.00 to C$130.00 and gave the company a “buy” rating in a research report on Friday, April 12th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Canadian Pacific Kansas City has an average rating of “Moderate Buy” and a consensus price target of C$120.88.

Canadian Pacific Kansas City Price Performance

Shares of TSE CP opened at C$106.96 on Monday. The firm has a market cap of C$99.76 billion, a PE ratio of 26.41, a PEG ratio of 2.32 and a beta of 0.77. The firm has a fifty day moving average of C$108.51 and a 200 day moving average of C$111.74. The company has a debt-to-equity ratio of 51.94, a quick ratio of 0.42 and a current ratio of 0.49. Canadian Pacific Kansas City has a one year low of C$94.45 and a one year high of C$123.37.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings results on Wednesday, April 24th. The company reported C$0.93 EPS for the quarter, missing the consensus estimate of C$0.95 by C($0.02). Canadian Pacific Kansas City had a return on equity of 9.36% and a net margin of 28.26%. The company had revenue of C$3.52 billion during the quarter, compared to analysts’ expectations of C$3.52 billion. As a group, research analysts predict that Canadian Pacific Kansas City will post 4.1603293 EPS for the current fiscal year.

Insider Buying and Selling at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer Keith E. Creel sold 59,925 shares of the company’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of C$113.21, for a total value of C$6,783,869.55. In other news, Senior Officer Keith E. Creel sold 59,925 shares of the stock in a transaction dated Friday, May 10th. The shares were sold at an average price of C$113.21, for a total transaction of C$6,783,869.55. Also, Senior Officer Jeffrey Ellis sold 21,255 shares of the stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of C$111.35, for a total transaction of C$2,366,646.48. Insiders have sold 148,805 shares of company stock valued at $16,305,989 over the last 90 days. 0.03% of the stock is owned by insiders.

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.