Canadian Pacific Kansas City (TSE:CP) Raised to Hold at Stephens

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) was upgraded by equities research analysts at Stephens to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

CP has been the subject of several other research reports. Scotiabank increased their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the company a “hold” rating in a research note on Thursday, April 9th. JPMorgan Chase & Co. lifted their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$133.00 in a research report on Thursday, April 30th. Royal Bank Of Canada upped their price objective on Canadian Pacific Kansas City from C$127.00 to C$139.00 and gave the company an “outperform” rating in a report on Wednesday, June 24th. Raymond James Financial increased their price objective on Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Finally, BMO Capital Markets raised 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 note on Monday, June 15th. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Canadian Pacific Kansas City currently has a consensus rating of “Moderate Buy” and a consensus target price of C$125.86.

Canadian Pacific Kansas City Trading Up 0.5%

Shares of CP stock opened at C$126.74 on Wednesday. The company’s 50-day moving average price is C$121.69 and its 200-day moving average price is C$113.15. 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 stock has a market cap of C$112.51 billion, a price-to-earnings ratio of 28.29, a PEG ratio of 2.32 and a beta of 1.28. Canadian Pacific Kansas City has a twelve month low of C$96.50 and a twelve month high of C$127.50.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its quarterly earnings data 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. As a group, equities analysts predict that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Cassandra P. Quach sold 4,015 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of C$124.82, for a total value of C$501,152.30. Also, insider James Dominic Luther Clements sold 21,035 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of C$125.68, for a total transaction of C$2,643,678.80. In the last ninety days, 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.