Canadian Pacific Kansas City Limited (TSE:CP) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have been assigned an average recommendation of “Moderate Buy” from the fourteen ratings firms that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$121.43.

A number of equities research analysts have recently commented on CP shares. Royal Bank of Canada reduced their price target on shares of Canadian Pacific Kansas City from C$137.00 to C$134.00 and set an “outperform” rating for the company in a research report on Thursday, October 24th. ATB Capital lifted their target price on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Sanford C. Bernstein lowered their price target on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a report on Wednesday, October 9th. Barclays lifted their price objective on Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the stock a “buy” rating in a report on Wednesday, September 25th. Finally, JPMorgan Chase & Co. upped their target price on shares of Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the company an “overweight” rating in a research note on Tuesday, October 8th.

Canadian Pacific Kansas City Stock Performance

Shares of CP stock opened at C$104.08 on Thursday. The company has a debt-to-equity ratio of 50.47, a quick ratio of 0.42 and a current ratio of 0.51. The company has a market capitalization of C$97.12 billion, a price-to-earnings ratio of 27.90, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City has a one year low of C$101.76 and a one year high of C$123.37. The company’s 50-day moving average is C$106.37 and its 200 day moving average is C$109.51.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Monday, January 27th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 0.73%. The ex-dividend date is Friday, December 27th. Canadian Pacific Kansas City’s dividend payout ratio is presently 20.38%.

Insider Transactions at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer Keith E. Creel sold 51,727 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of C$104.91, for a total transaction of C$5,426,615.01. Also, Senior Officer Maeghan Dawn Albiston sold 2,900 shares of the stock in a transaction on Monday, December 16th. The stock was sold at an average price of C$106.10, for a total transaction of C$307,694.64. Insiders sold 70,284 shares of company stock worth $7,398,669 in the last three months. Corporate 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.