Canadian Pacific Kansas City (TSE:CP) Given New C$137.00 Price Target at ATB Cormark Capital Markets

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its target price boosted by equities research analysts at ATB Cormark Capital Markets from C$130.00 to C$137.00 in a report released on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. ATB Cormark Capital Markets’ target price would suggest a potential upside of 7.09% from the stock’s previous close.

Several other equities research analysts also recently commented on CP. BMO Capital Markets lifted their price objective on Canadian Pacific Kansas City from C$132.00 to C$142.00 and gave the stock an “outperform” rating in a report on Monday, June 15th. Scotiabank raised 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 report on Thursday, April 9th. Barclays lifted their price target on shares of Canadian Pacific Kansas City from C$135.00 to C$145.00 in a research note on Friday, June 26th. TD increased their price objective on shares of Canadian Pacific Kansas City from C$117.00 to C$128.00 in a research report on Friday. Finally, Desjardins raised their target price on shares of Canadian Pacific Kansas City from C$131.00 to C$141.00 and gave the stock a “buy” rating in a report on Thursday. Nine investment 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, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$127.86.

Canadian Pacific Kansas City Stock Down 0.1%

Shares of CP traded down C$0.08 on Friday, hitting C$127.93. 320,343 shares of the stock traded hands, compared to its average volume of 1,471,283. The company has a market capitalization of C$113.57 billion, a PE ratio of 28.56, a P/E/G ratio of 2.32 and a beta of 1.28. The business has a 50 day simple moving average of C$121.87 and a 200 day simple moving average of C$113.33. Canadian Pacific Kansas City has a one year low of C$96.50 and a one year high of C$129.19. The company has a debt-to-equity ratio of 52.35, a quick ratio of 0.42 and a current ratio of 0.67.

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

Insider Buying and Selling at Canadian Pacific Kansas City

In related news, insider Maeghan Dawn Albiston sold 5,690 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of C$125.00, for a total value of C$711,250.00. Also, insider Cassandra P. Quach sold 4,015 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of C$124.82, for a total value of C$501,152.30. Over the last ninety days, insiders have 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.