Canadian Pacific Kansas City (TSE:CP) PT Raised to C$130.00 at Raymond James

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its price objective lifted by Raymond James from C$120.00 to C$130.00 in a research note issued on Monday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Raymond James’ target price indicates a potential upside of 9.57% from the company’s previous close.

CP has been the subject of a number of other reports. JPMorgan Chase & Co. raised their price objective on Canadian Pacific Kansas City from C$116.00 to C$121.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. Desjardins raised their price objective on Canadian Pacific Kansas City from C$118.00 to C$130.00 and gave the stock a “buy” rating in a research report on Friday, April 12th. CIBC raised their price objective on Canadian Pacific Kansas City from C$124.00 to C$130.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 27th. National Bankshares raised their price objective on Canadian Pacific Kansas City from C$112.00 to C$121.00 in a research report on Thursday, April 4th. Finally, Barclays lifted their target price on Canadian Pacific Kansas City from C$120.00 to C$130.00 in a report on Thursday, April 4th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Canadian Pacific Kansas City presently has a consensus rating of “Moderate Buy” and a consensus price target of C$120.88.

Canadian Pacific Kansas City Trading Up 1.9 %

Canadian Pacific Kansas City stock traded up C$2.24 during trading hours on Monday, hitting C$118.65. The stock had a trading volume of 636,977 shares, compared to its average volume of 1,153,777. The company has a quick ratio of 0.42, a current ratio of 0.53 and a debt-to-equity ratio of 53.85. The stock has a market cap of C$110.65 billion, a price-to-earnings ratio of 28.15, a P/E/G ratio of 2.32 and a beta of 0.75. Canadian Pacific Kansas City has a one year low of C$94.45 and a one year high of C$123.37. The business’s 50 day simple moving average is C$118.19 and its 200-day simple moving average is C$107.77.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings data on Tuesday, January 30th. The company reported C$1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$1.12 by C$0.06. Canadian Pacific Kansas City had a return on equity of 9.65% and a net margin of 31.28%. The company had revenue of C$3.78 billion during the quarter, compared to the consensus estimate of C$3.66 billion. On average, equities analysts predict that Canadian Pacific Kansas City will post 4.3266423 EPS for the current fiscal year.

Insider Buying and Selling at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer Nadeem Velani sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of C$123.30, for a total value of C$123,300.00. In related news, Senior Officer Keith E. Creel sold 59,925 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of C$119.53, for a total transaction of C$7,162,691.43. Also, Senior Officer Nadeem Velani sold 1,000 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of C$123.30, for a total value of C$123,300.00. Over the last quarter, insiders sold 97,758 shares of company stock valued at $10,774,715. Company insiders own 0.03% of the company’s stock.

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.