Canadian Pacific Kansas City Limited (TSE:CP) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has earned an average recommendation of “Moderate Buy” from the sixteen analysts that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, nine have given a buy recommendation and three have issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$124.07.

Several equities research analysts recently commented on CP shares. Royal Bank of Canada upped their price target on shares of Canadian Pacific Kansas City from C$124.00 to C$128.00 and gave the company an “outperform” rating in a research report on Thursday, January 30th. Loop Capital downgraded shares of Canadian Pacific Kansas City from a “strong-buy” rating to a “strong sell” rating in a research report on Monday, February 3rd. National Bankshares upped their price target on shares of Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. Susquehanna upgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 24th. Finally, Wolfe Research upgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 8th.

Insider Transactions at Canadian Pacific Kansas City

In related news, Senior Officer James Dominic Luther Clements sold 15,657 shares of the firm’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of C$106.30, for a total value of C$1,664,359.45. Also, Senior Officer Maeghan Dawn Albiston sold 2,900 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of C$106.10, for a total transaction of C$307,694.64. Insiders have sold a total of 88,994 shares of company stock worth $9,572,099 in the last 90 days. 0.03% of the stock is owned by insiders.

Canadian Pacific Kansas City Stock Down 0.7 %

Shares of TSE:CP opened at C$110.56 on Friday. The company has a debt-to-equity ratio of 49.64, a quick ratio of 0.42 and a current ratio of 0.53. The company has a market cap of C$103.34 billion, a PE ratio of 29.19, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City has a 52 week low of C$101.76 and a 52 week high of C$123.37. The firm has a 50 day simple moving average of C$109.04 and a 200 day simple moving average of C$109.71.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 0.69%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 20.06%.

Canadian Pacific Kansas City Company Profile

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.