Canadian Pacific Kansas City (TSE:CP) Price Target Increased to C$130.00 by Analysts at Raymond James

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its price target raised by Raymond James from C$120.00 to C$130.00 in a research note issued to investors on Monday, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other equities research analysts also recently issued reports on CP. BMO Capital Markets raised their price objective on shares of Canadian Pacific Kansas City from C$125.00 to C$133.00 in a research report on Monday, April 8th. National Bankshares boosted their price target on Canadian Pacific Kansas City from C$112.00 to C$121.00 in a research note on Thursday, April 4th. TD Securities upped their price objective on Canadian Pacific Kansas City from C$110.00 to C$115.00 and gave the company a hold rating in a report on Wednesday, January 31st. Desjardins boosted their target price on shares of Canadian Pacific Kansas City from C$118.00 to C$130.00 and gave the company a buy rating in a research report on Friday, April 12th. Finally, JPMorgan Chase & Co. raised their price target on shares of Canadian Pacific Kansas City from C$116.00 to C$121.00 and gave the stock an overweight rating in a research report on Wednesday, January 31st. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of Moderate Buy and an average target price of C$120.88.

Canadian Pacific Kansas City Stock Up 1.7 %

CP opened at C$118.41 on Monday. The company has a current ratio of 0.53, a quick ratio of 0.42 and a debt-to-equity ratio of 53.85. The stock’s fifty day simple moving average is C$118.28 and its 200 day simple moving average is C$107.90. Canadian Pacific Kansas City has a 1-year low of C$94.45 and a 1-year high of C$123.37. The stock has a market cap of C$110.42 billion, a PE ratio of 28.13, a price-to-earnings-growth ratio of 2.32 and a beta of 0.75.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings data on Tuesday, January 30th. The company reported C$1.18 earnings per share for the quarter, beating the consensus estimate of C$1.12 by C$0.06. The company had revenue of C$3.78 billion for the quarter, compared to analyst estimates of C$3.66 billion. Canadian Pacific Kansas City had a net margin of 31.28% and a return on equity of 9.65%. As a group, research analysts expect that Canadian Pacific Kansas City will post 4.3266423 earnings per share for the current year.

Canadian Pacific Kansas City Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 29th. Stockholders of record on Thursday, March 28th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.64%. The ex-dividend date is Wednesday, March 27th. Canadian Pacific Kansas City’s payout ratio is presently 18.05%.

Insider Transactions at Canadian Pacific Kansas City

In other news, Senior Officer James Dominic Luther Clements sold 7,828 shares of Canadian Pacific Kansas City stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of C$118.91, for a total value of C$930,859.57. In related news, Senior Officer Keith E. Creel sold 59,925 shares of the company’s stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of C$119.53, for a total transaction of C$7,162,691.43. Also, Senior Officer James Dominic Luther Clements sold 7,828 shares of the stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of C$118.91, for a total transaction of C$930,859.57. In the last 90 days, insiders sold 97,758 shares of company stock valued at $10,774,715. Company 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.