Analysts Set Canadian Pacific Kansas City Limited (TSE:CP) Target Price at C$123.07

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been given an average rating of “Moderate Buy” by the twelve ratings firms that are covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is C$123.07.

Several research analysts recently issued reports on the stock. Desjardins increased their price target on shares of Canadian Pacific Kansas City from C$129.00 to C$131.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Citigroup decreased their price target on shares of Canadian Pacific Kansas City from C$88.00 to C$86.00 and set a “buy” rating for the company in a research note on Thursday, January 29th. TD increased their price target on shares of Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the stock a “hold” rating in a research note on Monday, April 13th. Barclays increased their price target on shares of Canadian Pacific Kansas City from C$125.00 to C$135.00 in a research note on Thursday, April 30th. Finally, BMO Capital Markets increased their price target on shares of Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research note on Thursday, February 19th.

Canadian Pacific Kansas City Stock Up 1.6%

Shares of TSE CP opened at C$119.28 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.42 and a debt-to-equity ratio of 52.35. The firm has a fifty day simple moving average of C$112.97 and a two-hundred day simple moving average of C$107.05. The firm has a market capitalization of C$105.89 billion, a PE ratio of 26.63, a price-to-earnings-growth ratio of 2.32 and a beta of 1.18. Canadian Pacific Kansas City has a 12 month low of C$96.50 and a 12 month high of C$122.25.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share (EPS) for the quarter. The company had revenue of C$3.70 billion during the quarter. Canadian Pacific Kansas City had a net margin of 27.21% and a return on equity of 8.85%. Equities analysts expect that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Canadian Pacific Kansas City Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, April 27th were paid a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Friday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 20.36%.

Insiders Place Their Bets

In other news, Director Katharine Berghuis Stevenson acquired 1,000 shares of Canadian Pacific Kansas City stock in a transaction on Wednesday, May 13th. The stock was acquired at an average cost of C$118.37 per share, for a total transaction of C$118,370.00. Following the purchase, the director owned 3,000 shares in the company, valued at C$355,110. This trade represents a 50.00% increase in their ownership of the stock. Corporate insiders own 0.03% of the company’s stock.

About Canadian Pacific Kansas City

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.