Canadian Pacific Kansas City Limited (TSE:CP) Receives Average Recommendation of “Moderate Buy” from Brokerages

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been given a consensus rating of “Moderate Buy” by the sixteen analysts that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is C$124.07.

CP has been the subject of a number of recent research reports. ATB Capital boosted their price objective 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. National Bankshares boosted their price objective on Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the stock a “sector perform” rating in a report on Thursday, October 24th. Scotiabank decreased their price objective on Canadian Pacific Kansas City from C$130.00 to C$128.00 in a report on Thursday, January 30th. Loop Capital lowered Canadian Pacific Kansas City from a “strong-buy” rating to a “strong sell” rating in a report on Monday, February 3rd. Finally, Susquehanna raised Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 24th.

Insider Buying and Selling

In related news, Senior Officer Maeghan Dawn Albiston sold 2,900 shares of the stock in a transaction on Monday, December 16th. The stock was sold at an average price of C$106.10, for a total value of C$307,694.64. Also, Senior Officer Laird Joseph Pitz sold 18,710 shares of the stock in a transaction on Friday, January 31st. The shares were sold at an average price of C$116.16, for a total value of C$2,173,430.39. Over the last quarter, insiders have sold 88,994 shares of company stock worth $9,572,099. Corporate insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Stock Down 0.2 %

CP stock opened at C$110.97 on Friday. The stock’s 50 day simple moving average is C$108.58 and its 200 day simple moving average is C$109.82. Canadian Pacific Kansas City has a fifty-two week low of C$101.76 and a fifty-two week high of C$123.37. The company has a debt-to-equity ratio of 49.64, a quick ratio of 0.42 and a current ratio of 0.53. The company has a market cap of C$103.72 billion, a P/E ratio of 29.30, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79.

Canadian Pacific Kansas City Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.68%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 20.06%.

Canadian Pacific Kansas City Company Profile

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.