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

Shares of Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP have been assigned a consensus rating of "Moderate Buy" from the sixteen research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$123.86.

Several analysts have issued reports on the company. Scotiabank dropped their price objective on Canadian Pacific Kansas City from C$130.00 to C$128.00 in a research note on Thursday, January 30th. Stephens upgraded shares of Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 6th. Desjardins lifted their target price on shares of Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the company a "buy" rating in a report on Thursday, January 30th. Loop Capital cut shares of Canadian Pacific Kansas City from a "strong-buy" rating to a "strong sell" rating in a research note on Monday, February 3rd. Finally, UBS Group increased their target price on shares of Canadian Pacific Kansas City from C$127.00 to C$129.00 in a research note on Thursday, January 30th.

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Insider Buying and Selling at Canadian Pacific Kansas City

In related news, Senior Officer Keith E. Creel sold 51,727 shares of the stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of C$104.91, for a total value of C$5,426,615.01. Also, Senior Officer Laird Joseph Pitz sold 18,710 shares of the firm's stock in a transaction that occurred on 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. Insiders sold 88,994 shares of company stock worth $9,572,099 over the last ninety days. 0.03% of the stock is currently owned by insiders.

Canadian Pacific Kansas City Trading Up 2.9 %

TSE CP traded up C$3.01 on Tuesday, reaching C$108.09. The company had a trading volume of 1,212,432 shares, compared to its average volume of 1,537,187. Canadian Pacific Kansas City has a 52 week low of C$101.76 and a 52 week high of C$122.83. 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 stock has a market cap of C$101.03 billion, a price-to-earnings ratio of 28.54, a PEG ratio of 2.32 and a beta of 0.79. The stock's 50 day moving average is C$110.39 and its 200-day moving average is C$109.80.

Canadian Pacific Kansas City Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 0.70%. Canadian Pacific Kansas City's payout ratio is presently 20.06%.

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.