Canadian Pacific Kansas City (TSE:CP) Price Target Raised to C$142.00

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its price target hoisted by research analysts at BMO Capital Markets from C$132.00 to C$142.00 in a research report issued on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. BMO Capital Markets’ price target indicates a potential upside of 13.92% from the company’s current price.

A number of other research firms also recently weighed in on CP. Sanford C. Bernstein increased their price target on shares of Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research note on Tuesday, March 31st. Desjardins increased their price target on shares of Canadian Pacific Kansas City from C$129.00 to C$131.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Scotiabank increased their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the stock a “hold” rating in a research note on Thursday, April 9th. ATB Cormark Capital Markets increased their price target on shares of Canadian Pacific Kansas City from C$127.00 to C$130.00 and gave the stock a “moderate buy” rating in a research note on Friday, April 17th. Finally, Royal Bank Of Canada cut their price target on shares of Canadian Pacific Kansas City from C$128.00 to C$127.00 and set an “outperform” rating on the stock in a research note on Thursday, April 30th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Canadian Pacific Kansas City presently has an average rating of “Moderate Buy” and a consensus price target of C$123.79.

Canadian Pacific Kansas City Trading Down 1.0%

Shares of Canadian Pacific Kansas City stock traded down C$1.23 during trading hours on Monday, reaching C$124.65. 450,585 shares of the company’s stock were exchanged, compared to its average volume of 1,468,180. Canadian Pacific Kansas City has a 52-week low of C$96.50 and a 52-week high of C$127.50. The firm has a market capitalization of C$110.66 billion, a price-to-earnings ratio of 27.82, a price-to-earnings-growth ratio of 2.32 and a beta of 1.29. The company has a fifty day moving average of C$117.85 and a 200-day moving average of C$110.44. The company has a current ratio of 0.67, a quick ratio of 0.42 and a debt-to-equity ratio of 52.35.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share for the quarter. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 27.03%.The company had revenue of C$3.70 billion for the quarter. Sell-side analysts forecast that Canadian Pacific Kansas City will post 4.3438583 EPS for the current fiscal year.

Insider Buying and Selling at Canadian Pacific Kansas City

In related news, insider Maeghan Dawn Albiston sold 3,645 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of C$126.61, for a total transaction of C$461,493.45. Also, insider John Kenneth Brooks sold 65,130 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of C$122.24, for a total value of C$7,961,491.20. In the last quarter, insiders sold 99,515 shares of company stock worth $12,279,066. Insiders own 0.03% of the company’s stock.

About Canadian Pacific Kansas City

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.