Canadian Pacific Kansas City (TSE:CP) Stock Price Expected to Rise, Barclays Analyst Says

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its price objective hoisted by research analysts at Barclays from C$135.00 to C$145.00 in a report released on Friday,BayStreet.CA reports. Barclays‘s target price would indicate a potential upside of 17.00% from the company’s current price.

CP has been the topic of several other reports. BMO Capital Markets increased their target price on Canadian Pacific Kansas City from C$132.00 to C$142.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th. Royal Bank Of Canada upped their price target on Canadian Pacific Kansas City from C$127.00 to C$139.00 and gave the stock an “outperform” rating in a research note on Wednesday. Desjardins raised their price objective on Canadian Pacific Kansas City from C$129.00 to C$131.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. JPMorgan Chase & Co. lifted their price objective on Canadian Pacific Kansas City from C$120.00 to C$133.00 in a research note on Thursday, April 30th. Finally, National Bank Financial boosted their target price on Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the stock an “outperform” rating in a report on Wednesday, April 15th. Nine investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$125.86.

Canadian Pacific Kansas City Trading Up 0.2%

Shares of TSE CP traded up C$0.24 on Friday, reaching C$123.93. 519,795 shares of the company traded hands, compared to its average volume of 1,480,230. The stock has a market capitalization of C$110.02 billion, a PE ratio of 27.66, a P/E/G ratio of 2.32 and a beta of 1.29. Canadian Pacific Kansas City has a fifty-two week low of C$96.50 and a fifty-two week high of C$127.50. The company has a current ratio of 0.67, a quick ratio of 0.42 and a debt-to-equity ratio of 52.35. The company has a 50 day moving average of C$119.78 and a 200 day moving average of C$111.75.

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

Insider Activity at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, insider Maeghan Dawn Albiston sold 5,690 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of C$125.00, for a total transaction of C$711,250.00. Also, Director Katharine Berghuis Stevenson bought 1,000 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of C$118.37 per share, with a total value of C$118,370.00. Following the transaction, the director directly owned 3,000 shares of the company’s stock, valued at approximately C$355,110. This trade represents a 50.00% increase in their ownership of the stock. Insiders have sold a total of 99,515 shares of company stock valued at $12,279,066 over the last 90 days. Corporate insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Company Profile

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.