Canadian Pacific Kansas City (TSE:CP) Given a C$150.00 Price Target by Stifel Nicolaus Analysts

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) has been given a C$150.00 price target by analysts at Stifel Nicolaus in a research report issued on Tuesday, BayStreet reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus‘s price objective would indicate a potential upside of 17.47% from the stock’s previous close.

Several other research analysts also recently issued reports on CP. Scotiabank lifted their price target on Canadian Pacific Kansas City from C$122.00 to C$143.00 and gave the stock a “strong-buy” rating in a research note on Thursday, July 16th. Royal Bank Of Canada lifted their price objective on Canadian Pacific Kansas City from C$145.00 to C$146.00 and gave the stock an “outperform” rating in a research report on Thursday, September 24th. BMO Capital Markets raised their price target on Canadian Pacific Kansas City from C$142.00 to C$145.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. JPMorgan Chase & Co. increased their price objective on Canadian Pacific Kansas City from C$135.00 to C$153.00 in a research note on Thursday, July 30th. Finally, Citizens Jmp upgraded shares of Canadian Pacific Kansas City to a “hold” rating in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$136.12.

Canadian Pacific Kansas City Stock Performance

TSE CP traded up C$1.78 on Tuesday, hitting C$127.69. 462,532 shares of the company’s stock were exchanged, compared to its average volume of 1,375,714. The firm’s 50-day moving average price is C$124.90 and its two-hundred day moving average price is C$118.66. The firm has a market cap of C$112.25 billion, a price-to-earnings ratio of 29.70, a P/E/G ratio of 2.32 and a beta of 1.33. The company has a debt-to-equity ratio of 53.93, a current ratio of 0.59 and a quick ratio of 0.42. Canadian Pacific Kansas City has a fifty-two week low of C$96.50 and a fifty-two week high of C$133.38.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its earnings results on Wednesday, July 29th. The company reported C$1.27 EPS for the quarter. The company had revenue of C$4.16 billion during the quarter. Canadian Pacific Kansas City had a return on equity of 8.35% and a net margin of 25.04%. On average, research analysts expect that Canadian Pacific Kansas City will post 4.34 EPS for the current year.

Insider Activity at Canadian Pacific Kansas City

In other news, insider Mark Ashley Redd sold 52,000 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of C$134.50, for a total transaction of C$6,994,000.00. Following the completion of the transaction, the insider owned 2,199 shares of the company’s stock, valued at C$295,765.50. This represents a 95.94% decrease in their position. Also, insider Pamela Lynne Arpin sold 1,385 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of C$132.92, for a total transaction of C$184,094.20. Following the transaction, the insider directly owned 4,578 shares of the company’s stock, valued at approximately C$608,507.76. This represents a 23.23% decrease in their position. Over the last ninety days, insiders sold 78,015 shares of company stock worth $10,505,115. 0.03% of the stock is currently owned by insiders.

Canadian Pacific Kansas City Company Profile

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.