Canadian Pacific Kansas City (TSE:CP) Price Target Raised to C$125.00

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its price target hoisted by equities research analysts at Raymond James Financial from C$120.00 to C$125.00 in a research report issued on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Raymond James Financial’s price target would indicate a potential upside of 5.74% from the company’s previous close.

A number of other brokerages have also issued reports on CP. National Bank Financial increased their target price on shares of Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the company an “outperform” rating in a research report on Wednesday, April 15th. ATB Cormark Capital Markets increased their target price on shares of Canadian Pacific Kansas City from C$127.00 to C$130.00 and gave the company a “moderate buy” rating in a research report on Friday, April 17th. TD increased their target price on shares of Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the company a “hold” rating in a research report on Monday, April 13th. Citigroup cut their price target on shares of Canadian Pacific Kansas City from C$88.00 to C$86.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Finally, TD Securities cut their price target on shares of Canadian Pacific Kansas City from C$116.00 to C$112.00 and set a “hold” rating for the company in a report on Thursday, January 29th. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Canadian Pacific Kansas City presently has an average rating of “Moderate Buy” and an average price target of C$121.00.

Canadian Pacific Kansas City Price Performance

CP traded up C$5.76 on Thursday, reaching C$118.22. The company had a trading volume of 1,108,348 shares, compared to its average volume of 1,584,646. The company has a fifty day moving average of C$112.83 and a 200-day moving average of C$106.01. The company has a market capitalization of C$106.08 billion, a P/E ratio of 26.21, a PEG ratio of 2.32 and a beta of 1.13. The company has a current ratio of 0.49, a quick ratio of 0.42 and a debt-to-equity ratio of 50.54. Canadian Pacific Kansas City has a one year low of C$96.50 and a one year high of C$122.25.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its earnings results on Wednesday, January 28th. The company reported C$1.33 earnings per share (EPS) for the quarter. The firm had revenue of C$3.92 billion during the quarter. Canadian Pacific Kansas City had a net margin of 27.46% and a return on equity of 8.90%. As a group, equities research analysts anticipate that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Insider Transactions at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, insider John Kenneth Brooks sold 14,845 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of C$103.53, for a total value of C$1,536,902.85. Also, Director Marc Parent purchased 13,000 shares of the business’s stock in a transaction on Friday, January 30th. The stock was acquired at an average cost of C$102.00 per share, with a total value of C$1,326,000.00. Following the completion of the acquisition, the director directly owned 13,933 shares in the company, valued at C$1,421,166. The trade was a 1,393.35% increase in their position. 0.03% of the stock is currently owned by corporate insiders.

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.