Canadian Pacific Kansas City (TSE:CP) Price Target Raised to C$134.00 at TD

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its target price raised by stock analysts at TD from C$128.00 to C$134.00 in a research note issued to investors on Thursday,BayStreet.CA reports. The firm presently has a “hold” rating on the stock. TD’s price objective indicates a potential upside of 9.52% from the stock’s previous close.

CP has been the subject of a number of other reports. Citizens Jmp raised Canadian Pacific Kansas City to a “hold” rating in a research report on Wednesday, July 15th. ATB Cormark Capital Markets upped their price objective on shares of Canadian Pacific Kansas City from C$130.00 to C$137.00 and gave the stock an “outperform” rating in a research note on Friday, July 10th. Royal Bank Of Canada raised their target price on shares of Canadian Pacific Kansas City from C$127.00 to C$139.00 and gave the company an “outperform” rating in a research report on Wednesday, June 24th. Scotiabank upped their price target on shares of Canadian Pacific Kansas City from C$122.00 to C$143.00 and gave the stock a “strong-buy” rating in a research report on Thursday, July 16th. Finally, National Bank Financial boosted their price objective on shares of Canadian Pacific Kansas City from C$125.00 to C$132.00 and gave the stock an “outperform” rating in a research note on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$134.36.

Canadian Pacific Kansas City Trading Down 4.7%

Shares of CP traded down C$6.01 during trading hours on Thursday, reaching C$122.35. 770,872 shares of the company traded hands, compared to its average volume of 1,449,028. The firm has a market cap of C$108.61 billion, a price-to-earnings ratio of 27.31, a PEG ratio of 2.32 and a beta of 1.28. Canadian Pacific Kansas City has a 12-month low of C$96.50 and a 12-month high of C$131.89. The company has a current ratio of 0.67, a quick ratio of 0.42 and a debt-to-equity ratio of 52.35. The stock’s fifty day moving average price is C$125.23 and its 200 day moving average price is C$116.08.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its quarterly earnings data on Wednesday, July 29th. The company reported C$1.27 earnings per share for the quarter. The company had revenue of C$4.16 billion during the quarter. Canadian Pacific Kansas City had a net margin of 27.03% and a return on equity of 8.78%. Sell-side analysts forecast that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Insider Transactions at Canadian Pacific Kansas City

In related news, insider Cassandra P. Quach sold 4,015 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of C$124.82, for a total transaction of C$501,152.30. Also, Director Katharine Berghuis Stevenson purchased 1,000 shares of the stock in a transaction on Wednesday, May 13th. The stock was acquired at an average cost of C$118.37 per share, for a total transaction of C$118,370.00. Following the completion of the acquisition, the director owned 3,000 shares of the company’s stock, valued at C$355,110. The trade was a 50.00% increase in their position. Insiders have sold 99,515 shares of company stock valued at $12,279,066 over the last quarter. Company insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Company Profile

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.