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

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have been given a consensus rating of “Moderate Buy” by the fourteen ratings firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating, eight have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$120.23.

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lowered their target price on shares of Canadian Pacific Kansas City from C$137.00 to C$124.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. ATB Capital upped their price objective on shares of Canadian Pacific Kansas City from C$124.00 to C$125.00 and gave the company an “outperform” rating in a research note on Wednesday, October 15th. CIBC lifted their target price on Canadian Pacific Kansas City from C$122.00 to C$123.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Scotiabank decreased their target price on Canadian Pacific Kansas City from C$122.00 to C$119.00 and set an “outperform” rating for the company in a research report on Friday, October 3rd. Finally, National Bankshares dropped their price target on Canadian Pacific Kansas City from C$124.00 to C$119.00 and set a “sector perform” rating on the stock in a research note on Thursday.

Canadian Pacific Kansas City Trading Down 0.5%

CP opened at C$99.56 on Monday. Canadian Pacific Kansas City has a one year low of C$94.60 and a one year high of C$118.80. The company has a market cap of C$89.69 billion, a P/E ratio of 21.64, a PEG ratio of 2.32 and a beta of 0.88. 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 business’s 50-day simple moving average is C$100.77 and its 200-day simple moving average is C$103.81.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its earnings results on Wednesday, October 29th. The company reported C$1.10 earnings per share for the quarter. The firm had revenue of C$3.66 billion during the quarter. Canadian Pacific Kansas City had a return on equity of 8.22% and a net margin of 24.50%. As a group, equities research analysts expect that Canadian Pacific Kansas City will post 4.3438583 EPS for the current fiscal year.

Canadian Pacific Kansas City Company Profile

Canadian Pacific is a CAD 8 billion Class-1 railroads operating on more than 12,500 miles of track across most of Canada and into parts of the Midwestern and Northeastern United States. It is the second-smallest Class I railroad by revenue and route miles. In 2021, CP hauled shipments of grain (22% of freight revenue), intermodal containers (22%), energy products (like crude and frac sand), chemicals, and plastics (20%) coal (8%), fertilizer and potash (10%), automotive products (5%), and a diverse mix of other merchandise.