Canadian Pacific Kansas City (TSE:CP) PT Lowered to C$119.00

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its price target decreased by research analysts at National Bankshares from C$121.00 to C$119.00 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bankshares’ price objective indicates a potential upside of 6.60% from the company’s previous close.

A number of other equities analysts have also commented on the stock. ATB Capital raised their price objective 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 note on Wednesday, April 10th. BMO Capital Markets upped 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. Scotiabank lowered their target price on shares of Canadian Pacific Kansas City from C$126.00 to C$124.00 and set a “sector perform” rating for the company in a research note on Thursday. TD Securities lifted their price target on Canadian Pacific Kansas City from C$110.00 to C$115.00 and gave the company a “hold” rating in a research note on Wednesday, January 31st. Finally, Stephens increased their price objective on Canadian Pacific Kansas City from C$78.00 to C$83.00 and gave the company an “equal weight” rating in a report on Thursday, January 4th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$120.63.

Canadian Pacific Kansas City Stock Performance

Shares of CP stock opened at C$111.63 on Thursday. The company has a debt-to-equity ratio of 53.85, a quick ratio of 0.42 and a current ratio of 0.53. The company’s 50-day simple moving average is C$118.24 and its 200-day simple moving average is C$108.18. Canadian Pacific Kansas City has a one year low of C$94.45 and a one year high of C$123.37. The stock has a market capitalization of C$104.10 billion, a price-to-earnings ratio of 26.52, a PEG ratio of 2.32 and a beta of 0.75.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its quarterly earnings results on Wednesday, April 24th. The company reported C$0.93 EPS for the quarter, missing the consensus estimate of C$0.95 by C($0.02). Canadian Pacific Kansas City had a net margin of 31.28% and a return on equity of 9.65%. The firm had revenue of C$3.52 billion during the quarter, compared to analyst estimates of C$3.52 billion. Equities analysts anticipate that Canadian Pacific Kansas City will post 4.3266423 earnings per share for the current fiscal year.

Insider Transactions at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer Keith E. Creel sold 59,925 shares of the company’s stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of C$119.53, for a total value of C$7,162,691.43. In other news, Senior Officer Nadeem Velani sold 1,000 shares of the 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. Also, Senior Officer Keith E. Creel sold 59,925 shares of the 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 value of C$7,162,691.43. In the last quarter, insiders sold 97,758 shares of company stock valued at $10,774,715. 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.