Canadian Pacific Kansas City (TSE:CP) Given New C$112.00 Price Target at TD Securities

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its target price cut by stock analysts at TD Securities from C$116.00 to C$112.00 in a research report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. TD Securities’ price objective indicates a potential upside of 9.63% from the stock’s previous close.

A number of other equities analysts also recently issued reports on CP. ATB Capital upped their price target on Canadian Pacific Kansas City from C$124.00 to C$125.00 and gave the company an “outperform” rating in a report on Wednesday, October 15th. JPMorgan Chase & Co. reduced their price objective on shares of Canadian Pacific Kansas City from C$137.00 to C$124.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Desjardins set a C$130.00 target price on shares of Canadian Pacific Kansas City and gave the company a “buy” rating in a research report on Thursday. Scotiabank lifted their price target on shares of Canadian Pacific Kansas City from C$119.00 to C$124.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 21st. Finally, National Bankshares decreased their price objective on shares of Canadian Pacific Kansas City from C$124.00 to C$119.00 and set a “sector perform” rating for the company in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$118.62.

Canadian Pacific Kansas City Trading Up 5.0%

TSE CP traded up C$4.88 on Thursday, reaching C$102.16. The stock had a trading volume of 1,951,077 shares, compared to its average volume of 1,672,649. 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 firm has a market capitalization of C$92.03 billion, a price-to-earnings ratio of 22.21, a P/E/G ratio of 2.32 and a beta of 0.88. Canadian Pacific Kansas City has a 12-month low of C$94.60 and a 12-month high of C$118.80. The stock has a fifty day moving average price of C$100.85 and a two-hundred day moving average price of C$102.90.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings data on Wednesday, January 28th. The company reported C$1.33 EPS for the quarter. Canadian Pacific Kansas City had a net margin of 24.50% and a return on equity of 8.22%. The business had revenue of C$3.92 billion during the quarter. As a group, sell-side analysts forecast that Canadian Pacific Kansas City will post 4.3438583 EPS for the current fiscal year.

Insider Buying and Selling at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, insider Cassandra P. Quach sold 4,135 shares of the stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of C$102.35, for a total transaction of C$423,217.25. 0.03% of the stock is currently owned by company insiders.

Canadian Pacific Kansas City Company Profile

Canadian Pacific is a CAD 8 billion Class-1 railroads operating on more than 12,500 miles of track across most of Canada and into parts of the Midwestern and Northeastern United States. It is the second-smallest Class I railroad by revenue and route miles. In 2021, CP hauled shipments of grain (22% of freight revenue), intermodal containers (22%), energy products (like crude and frac sand), chemicals, and plastics (20%) coal (8%), fertilizer and potash (10%), automotive products (5%), and a diverse mix of other merchandise.