Canadian Pacific Kansas City Limited (TSE:CP) Given Average Rating of "Moderate Buy" by Brokerages

Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP has been assigned a consensus recommendation of "Moderate Buy" from the fourteen ratings firms that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$121.43.

Several equities research analysts have commented on the company. Sanford C. Bernstein dropped their price target on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a research note on Wednesday, October 9th. Barclays upped their price target on Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the stock a "buy" rating in a research note on Wednesday, September 25th. ATB Capital upped their price target on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock an "outperform" rating in a research note on Thursday, October 24th. Citigroup set a C$97.00 target price on Canadian Pacific Kansas City and gave the stock a "buy" rating in a research report on Wednesday, October 9th. Finally, Royal Bank of Canada decreased their target price on Canadian Pacific Kansas City from C$137.00 to C$134.00 and set an "outperform" rating for the company in a research report on Thursday, October 24th.

Insider Activity

In other news, Senior Officer James Dominic Luther Clements sold 15,657 shares of the firm's stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of C$106.30, for a total value of C$1,664,359.45. Also, Senior Officer Maeghan Dawn Albiston sold 2,900 shares of the company's stock in a transaction on Monday, December 16th. The shares were sold at an average price of C$106.10, for a total value of C$307,694.64. Insiders own 0.03% of the company's stock.

Canadian Pacific Kansas City Price Performance

Shares of TSE CP traded up C$0.50 during trading on Thursday, reaching C$105.63. The company had a trading volume of 853,326 shares, compared to its average volume of 1,345,766. Canadian Pacific Kansas City has a twelve month low of C$101.76 and a twelve month high of C$123.37. The stock has a market capitalization of C$98.57 billion, a PE ratio of 28.32, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. The stock has a 50-day moving average price of C$107.07 and a two-hundred day moving average price of C$109.58. The company has a current ratio of 0.51, a quick ratio of 0.42 and a debt-to-equity ratio of 50.47.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Monday, January 27th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date is Friday, December 27th. Canadian Pacific Kansas City's payout ratio is 20.38%.

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.