Canadian Pacific Kansas City (TSE:CP) Given a C$140.00 Price Target at National Bank Financial

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) has been given a C$140.00 price objective by equities researchers at National Bank Financial in a research note issued to investors on Wednesday, BayStreet reports. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price objective indicates a potential upside of 12.32% from the stock’s previous close.

Other equities analysts have also recently issued reports about the company. Scotiabank lifted their price objective on Canadian Pacific Kansas City from C$122.00 to C$143.00 and gave the company a “strong-buy” rating in a report on Thursday, July 16th. BMO Capital Markets boosted their price target on Canadian Pacific Kansas City from C$142.00 to C$145.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Royal Bank Of Canada increased their price objective on shares of Canadian Pacific Kansas City from C$139.00 to C$145.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Stephens upgraded shares of Canadian Pacific Kansas City to a “hold” rating in a research report on Wednesday, July 8th. Finally, Citizens Jmp upgraded shares of Canadian Pacific Kansas City to a “hold” rating in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$134.36.

Canadian Pacific Kansas City Stock Up 0.7%

Canadian Pacific Kansas City stock traded up C$0.86 during mid-day trading on Wednesday, reaching C$124.64. The company’s stock had a trading volume of 426,083 shares, compared to its average volume of 1,412,716. The business’s 50 day simple moving average is C$127.47 and its 200 day simple moving average is C$121.23. The company has a debt-to-equity ratio of 53.93, a quick ratio of 0.42 and a current ratio of 0.59. Canadian Pacific Kansas City has a 12 month low of C$96.50 and a 12 month high of C$133.38. The company has a market capitalization of C$109.57 billion, a price-to-earnings ratio of 28.99, a price-to-earnings-growth ratio of 2.32 and a beta of 1.30.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings results on Wednesday, July 29th. The company reported C$1.27 earnings per share for the quarter. The business had revenue of C$4.16 billion for the quarter. Canadian Pacific Kansas City had a return on equity of 8.35% and a net margin of 25.04%. As a group, research analysts anticipate that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Insider Activity at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, insider Laird Joseph Pitz sold 24,630 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of C$135.08, for a total transaction of C$3,327,020.40. Also, insider Pamela Lynne Arpin sold 1,385 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of C$132.92, for a total transaction of C$184,094.20. Following the transaction, the insider owned 4,578 shares of the company’s stock, valued at C$608,507.76. This trade represents a 23.23% decrease in their ownership of the stock. In the last three months, insiders have sold 78,015 shares of company stock valued at $10,505,115. 0.03% of the stock is owned by insiders.

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.