Canadian Pacific Kansas City Limited (TSE:CP) Given Average Rating of “Moderate Buy” by Brokerages

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been given a consensus rating of “Moderate Buy” by the sixteen research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, nine have given a buy rating and three have issued a strong buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$124.36.

CP has been the subject of several recent research reports. ATB Capital boosted their price target on Canadian Pacific Kansas City from C$129.00 to C$130.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. Royal Bank of Canada lowered their price target on Canadian Pacific Kansas City from C$128.00 to C$122.00 and set an “outperform” rating on the stock in a report on Monday, March 31st. UBS Group increased 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. Sanford C. Bernstein lowered their target price on shares of Canadian Pacific Kansas City from C$123.00 to C$122.00 in a report on Friday, February 21st. Finally, Stephens upgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th.

Canadian Pacific Kansas City Stock Performance

Shares of CP stock opened at C$99.86 on Friday. The firm has a market capitalization of C$93.34 billion, a PE ratio of 26.36, a P/E/G ratio of 2.32 and a beta of 0.79. 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 company has a 50 day moving average price of C$108.52 and a 200-day moving average price of C$108.78. Canadian Pacific Kansas City has a 52 week low of C$96.80 and a 52 week high of C$121.35.

Canadian Pacific Kansas City Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Monday, April 28th will be given a $0.19 dividend. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.76 dividend on an annualized basis and a yield of 0.76%. Canadian Pacific Kansas City’s dividend payout ratio is presently 20.06%.

Insiders Place Their Bets

In related news, Senior Officer Laird Joseph Pitz sold 18,710 shares of the firm’s stock in a transaction dated Friday, January 31st. The stock was sold at an average price of C$116.16, for a total transaction of C$2,173,430.39. 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.