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

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has earned an average recommendation of “Moderate Buy” from the fourteen analysts that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is C$121.43.

Several equities analysts recently issued reports on CP shares. National Bankshares boosted their price target on Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. Royal Bank of Canada cut their price target on Canadian Pacific Kansas City from C$137.00 to C$134.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Susquehanna upgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 24th. Sanford C. Bernstein cut their price objective on shares of Canadian Pacific Kansas City from C$126.00 to C$125.00 in a research report on Wednesday, October 9th. Finally, Citigroup set a C$97.00 target price on shares of Canadian Pacific Kansas City and gave the company a “buy” rating in a report on Wednesday, October 9th.

Insiders Place Their Bets

In other Canadian Pacific Kansas City news, Senior Officer James Dominic Luther Clements sold 15,657 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of C$106.30, for a total transaction of C$1,664,359.45. Also, Senior Officer Maeghan Dawn Albiston sold 2,900 shares of the company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of C$106.10, for a total transaction of C$307,694.64. 0.03% of the stock is owned by company insiders.

Canadian Pacific Kansas City Stock Up 0.5 %

Shares of TSE CP opened at C$105.63 on Thursday. The stock has a market cap of C$98.57 billion, a P/E ratio of 28.32, a PEG ratio of 2.32 and a beta of 0.79. The business’s fifty day simple moving average is C$107.22 and its 200-day simple moving average is C$109.61. Canadian Pacific Kansas City has a 12-month low of C$101.76 and a 12-month high of C$123.37. The company has a current ratio of 0.51, a quick ratio of 0.42 and a debt-to-equity ratio of 50.47.

Canadian Pacific Kansas City Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Monday, January 27th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.72%. The ex-dividend date is Friday, December 27th. Canadian Pacific Kansas City’s payout ratio is 20.38%.

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.