National Bankshares Analysts Give Canadian Pacific Kansas City (TSE:CP) a C$119.00 Price Target

National Bankshares set a C$119.00 price target on Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) in a research note released on Thursday morning, BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

A number of other equities research analysts have also weighed in on the company. Desjardins boosted 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. Raymond James boosted their price objective on Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the stock an outperform rating in a research report on Monday, April 22nd. Royal Bank of Canada boosted their price objective on Canadian Pacific Kansas City from C$127.00 to C$133.00 in a research report on Monday, April 1st. ATB Capital boosted their price objective on Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the stock an outperform rating in a research report on Wednesday, April 10th. Finally, Scotiabank reduced their price target on Canadian Pacific Kansas City from C$126.00 to C$124.00 and set a sector perform rating on the stock in a research report on Thursday, April 25th. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of Moderate Buy and a consensus target price of C$120.63.

Canadian Pacific Kansas City Trading Down 0.2 %

Shares of CP opened at C$107.74 on Thursday. Canadian Pacific Kansas City has a 52-week low of C$94.45 and a 52-week high of C$123.37. The business’s fifty day moving average is C$109.11 and its 200-day moving average is C$111.40. The company has a debt-to-equity ratio of 51.94, a quick ratio of 0.42 and a current ratio of 0.49. The firm has a market cap of C$100.49 billion, a price-to-earnings ratio of 26.60, a PEG ratio of 2.32 and a beta of 0.77.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings data on Wednesday, April 24th. The company reported C$0.93 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.95 by C($0.02). The firm had revenue of C$3.52 billion for the quarter, compared to the consensus estimate of C$3.52 billion. Canadian Pacific Kansas City had a return on equity of 9.36% and a net margin of 28.26%. Equities analysts anticipate that Canadian Pacific Kansas City will post 4.1603293 EPS for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 29th. Investors of record on Friday, June 28th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date is Friday, June 28th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 18.77%.

Insider Buying and Selling

In related news, Senior Officer Nadeem Velani sold 3,200 shares of the company’s stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of C$109.11, for a total transaction of C$349,155.84. In other news, Senior Officer Jeffrey Ellis sold 21,255 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of C$111.35, for a total value of C$2,366,646.48. Also, Senior Officer Nadeem Velani sold 3,200 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of C$109.11, for a total value of C$349,155.84. In the last three months, insiders have sold 208,730 shares of company stock valued at $23,468,681. 0.03% of the stock is owned by company insiders.

About Canadian Pacific Kansas City

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.