Canadian Pacific Kansas City (TSE:CP – Get Free Report) (NYSE:CP) had its price target lifted by equities research analysts at Desjardins from C$131.00 to C$132.00 in a report released on Wednesday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Desjardins’ target price suggests a potential upside of 14.34% from the stock’s previous close.
Other analysts have also issued reports about the stock. Raymond James increased their price target on shares of 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. National Bankshares set a C$119.00 target price on Canadian Pacific Kansas City and gave the company a “sector perform” rating in a research note on Thursday, June 27th. ATB Capital boosted their price target on Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the company an “outperform” rating in a research note on Wednesday, April 10th. Scotiabank upgraded shares of Canadian Pacific Kansas City from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from C$124.00 to C$130.00 in a research note on Wednesday, July 10th. Finally, BMO Capital Markets boosted their target price on shares of Canadian Pacific Kansas City from C$125.00 to C$133.00 in a research report on Monday, April 8th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, Canadian Pacific Kansas City presently has an average rating of “Moderate Buy” and an average price target of C$123.60.
View Our Latest Analysis on CP
Canadian Pacific Kansas City Price Performance
Insiders Place Their Bets
In other Canadian Pacific Kansas City news, Senior Officer Keith E. Creel sold 59,925 shares of the business’s stock in a transaction that occurred on Monday, June 10th. The stock was sold at an average price of C$105.26, for a total transaction of C$6,307,717.49. In other news, Senior Officer Jeffrey Ellis sold 21,255 shares of the company’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 Keith E. Creel sold 59,925 shares of the business’s stock in a transaction on Monday, June 10th. The shares were sold at an average price of C$105.26, for a total value of C$6,307,717.49. Over the last three months, insiders sold 208,730 shares of company stock valued at $22,779,501. 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.
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