Brokerages Set Canadian Pacific Kansas City Limited (TSE:CP) Price Target at C$124.07

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

A number of equities analysts have commented on the stock. Wolfe Research raised shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 8th. ATB Capital lifted their price objective on shares of 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 lifted their price objective on shares of 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. UBS Group lifted their price objective on shares of Canadian Pacific Kansas City from C$127.00 to C$129.00 in a report on Thursday, January 30th. Finally, Loop Capital downgraded shares of Canadian Pacific Kansas City from a “strong-buy” rating to a “strong sell” rating in a report on Monday, February 3rd.

Canadian Pacific Kansas City Stock Down 1.0 %

Shares of TSE:CP opened at C$109.88 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.42 and a debt-to-equity ratio of 49.64. The company has a fifty day simple moving average of C$108.72 and a 200 day simple moving average of C$109.76. The firm has a market cap of C$102.70 billion, a PE ratio of 29.01, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City has a 12-month low of C$101.76 and a 12-month high of C$123.37.

Canadian Pacific Kansas City Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.69%. Canadian Pacific Kansas City’s dividend payout ratio is currently 20.06%.

Insider Activity at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer Keith E. Creel sold 51,727 shares of the business’s stock in a transaction dated 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 Maeghan Dawn Albiston sold 2,900 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of C$106.10, for a total value of C$307,694.64. Insiders have sold a total of 88,994 shares of company stock worth $9,572,099 over the last ninety days. 0.03% of the stock is currently owned by corporate insiders.

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.