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

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

Several analysts recently issued reports on CP shares. Desjardins cut their target price on Canadian Pacific Kansas City from C$132.00 to C$131.00 and set a “buy” rating on the stock in a research note on Thursday, October 24th. Barclays boosted their target price on Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Citigroup set a C$97.00 price target on Canadian Pacific Kansas City and gave the stock a “buy” rating in a research note on Wednesday, October 9th. Royal Bank of Canada reduced their price objective on shares of Canadian Pacific Kansas City from C$137.00 to C$134.00 and set an “outperform” rating on the stock in a research report on Thursday, October 24th. Finally, Susquehanna raised shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 24th.

Canadian Pacific Kansas City Trading Down 0.2 %

Shares of CP opened at C$107.13 on Friday. The stock has a market capitalization of C$99.97 billion, a P/E ratio of 28.72, a PEG ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City has a twelve month low of C$97.93 and a twelve month high of C$123.37. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 50.47. The firm has a fifty day simple moving average of C$109.14 and a two-hundred day simple moving average of C$109.93.

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 Friday, December 27th will be paid a $0.19 dividend. The ex-dividend date is Friday, December 27th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.71%. Canadian Pacific Kansas City’s dividend payout ratio is currently 20.38%.

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.