Canadian Pacific Kansas City (TSE:CP) PT Raised to C$134.00 at ATB Capital

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its price objective hoisted by analysts at ATB Capital from C$133.00 to C$134.00 in a report issued on Thursday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. ATB Capital’s target price would suggest a potential upside of 22.77% from the stock’s previous close.

A number of other analysts have also weighed in on the company. Royal Bank of Canada upped their target price on Canadian Pacific Kansas City from C$133.00 to C$137.00 and gave the stock an “outperform” rating in a report on Monday, September 30th. Citigroup set a C$97.00 target price on Canadian Pacific Kansas City and gave the stock a “buy” rating in a report on Wednesday, October 9th. Scotiabank upgraded Canadian Pacific Kansas City from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from C$124.00 to C$130.00 in a report on Wednesday, July 10th. JPMorgan Chase & Co. upped their target price on Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the stock an “overweight” rating in a report on Tuesday, October 8th. Finally, National Bankshares increased their price objective on Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the company a “sector perform” rating in a report on Thursday. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, Canadian Pacific Kansas City presently has a consensus rating of “Moderate Buy” and an average target price of C$120.93.

Canadian Pacific Kansas City Trading Up 0.1 %

TSE:CP traded up C$0.08 during midday trading on Thursday, hitting C$109.15. The stock had a trading volume of 865,446 shares, compared to its average volume of 1,301,420. Canadian Pacific Kansas City has a one year low of C$94.45 and a one year high of C$123.37. The company has a market capitalization of C$101.85 billion, a price-to-earnings ratio of 29.26, a PEG ratio of 2.32 and a beta of 0.79. The stock has a 50-day moving average of C$112.34 and a 200 day moving average of C$111.60. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 50.47.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its earnings results on Tuesday, July 30th. The company reported C$1.05 earnings per share for the quarter, topping analysts’ consensus estimates of C$1.01 by C$0.04. The company had revenue of C$3.60 billion during the quarter, compared to analyst estimates of C$3.55 billion. Canadian Pacific Kansas City had a return on equity of 8.10% and a net margin of 24.46%. As a group, sell-side analysts forecast that Canadian Pacific Kansas City will post 4.3438583 EPS for the current year.

Insider Activity

In related news, Senior Officer John Kenneth Brooks sold 21,700 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of C$112.01, for a total value of C$2,430,629.59. In other news, Senior Officer Laird Joseph Pitz sold 5,480 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of C$79.71, for a total transaction of C$436,796.55. Also, Senior Officer John Kenneth Brooks sold 21,700 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of C$112.01, for a total transaction of C$2,430,629.59. Insiders own 0.03% of the company’s stock.

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.