Canadian Pacific Kansas City Limited (TSE:CP) Given Average Rating of "Moderate Buy" by Brokerages
Canadian Pacific Kansas City Limited (TSE:CP) has received a consensus rating of "Moderate Buy" from sixteen research firms. The average 12-month price target is C$124.36, with ratings including one sell, three hold, nine buy, and three strong buy. Recent price targets include C$130.00 from ATB Capital and C$122.00 from Royal Bank of Canada. The company declared a quarterly dividend of $0.19, with a yield of 0.76%. CP's stock opened at C$99.86, with a market cap of C$93.34 billion and a PE ratio of 26.36.
Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP has been given a consensus rating of "Moderate Buy" by the sixteen research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, nine have given a buy rating and three have issued a strong buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$124.36.
CP has been the subject of several recent research reports. ATB Capital boosted their price target on Canadian Pacific Kansas City from C$129.00 to C$130.00 and gave the company an "outperform" rating in a report on Thursday, January 30th. Royal Bank of Canada lowered their price target on Canadian Pacific Kansas City from C$128.00 to C$122.00 and set an "outperform" rating on the stock in a report on Monday, March 31st. UBS Group increased their price objective on shares of Canadian Pacific Kansas City from C$127.00 to C$129.00 in a report on Thursday, January 30th. Sanford C. Bernstein lowered their target price on shares of Canadian Pacific Kansas City from C$123.00 to C$122.00 in a report on Friday, February 21st. Finally, Stephens upgraded shares of Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a report on Monday, January 6th.
Check Out Our Latest Analysis on CP
Canadian Pacific Kansas City Stock Performance
Shares of CP stock opened at C$99.86 on Friday. The firm has a market capitalization of C$93.34 billion, a PE ratio of 26.36, a P/E/G ratio of 2.32 and a beta of 0.79. The company has a quick ratio of 0.42, a current ratio of 0.53 and a debt-to-equity ratio of 49.64. The company has a 50 day moving average price of C$108.52 and a 200-day moving average price of C$108.78. Canadian Pacific Kansas City has a 52 week low of C$96.80 and a 52 week high of C$121.35.
Canadian Pacific Kansas City Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Monday, April 28th will be given a $0.19 dividend. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.76 dividend on an annualized basis and a yield of 0.76%. Canadian Pacific Kansas City's dividend payout ratio is presently 20.06%.
Insiders Place Their Bets
In related news, Senior Officer Laird Joseph Pitz sold 18,710 shares of the firm's stock in a transaction dated Friday, January 31st. The stock was sold at an average price of C$116.16, for a total transaction of C$2,173,430.39. 0.03% of the stock is owned by insiders.
About Canadian Pacific Kansas City
(Get Free ReportCanadian 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.
Read More
- Five stocks we like better than Canadian Pacific Kansas City
- What is a Secondary Public Offering? What Investors Need to Know
- Archer Aviation’s Africa Deal Could Boost ACHR Stock
- What is MarketRank™? How to Use it
- Are Short Sellers Wrong About These 3 Semiconductor Stocks?
- How to Invest in the FAANG Stocks
- Boeing Gets $50B in March Orders—Is BA Stock a Buy Now?
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in Canadian Pacific Kansas City Right Now?
Before you consider Canadian Pacific Kansas City, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canadian Pacific Kansas City wasn't on the list.
While Canadian Pacific Kansas City currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
