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

Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP has been given a consensus recommendation of "Moderate Buy" by the fourteen brokerages that are currently covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is C$121.43.

Several analysts recently issued reports on the stock. Barclays upped their price objective on shares of Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the company a "buy" rating in a research note on Wednesday, September 25th. Susquehanna raised shares of Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research note on Thursday, October 24th. ATB Capital upped their price objective on shares of Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. National Bankshares upped their price objective on shares of Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the company a "sector perform" rating in a research note on Thursday, October 24th. Finally, Scotiabank upgraded shares of Canadian Pacific Kansas City from a "sector perform" rating to an "outperform" rating and boosted their target price for the company from C$124.00 to C$130.00 in a report on Wednesday, July 10th.

Insider Activity at Canadian Pacific Kansas City

In related news, Senior Officer John Kenneth Brooks sold 21,700 shares of the stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of C$112.01, for a total transaction of C$2,430,629.59. In other news, Senior Officer Laird Joseph Pitz sold 5,480 shares of the firm's stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of C$79.71, for a total value of C$436,796.55. Also, Senior Officer John Kenneth Brooks sold 21,700 shares of the firm's stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of C$112.01, for a total transaction of C$2,430,629.59. Insiders own 0.03% of the company's stock.

Canadian Pacific Kansas City Price Performance

Shares of CP stock traded down C$0.31 on Wednesday, reaching C$109.45. 2,289,564 shares of the company were exchanged, compared to its average volume of 1,303,083. The company has a market cap of C$102.13 billion, a price-to-earnings ratio of 29.34, a P/E/G ratio of 2.32 and a beta of 0.79. The business has a 50-day moving average price of C$112.46 and a 200 day moving average price of C$110.86. The company has a debt-to-equity ratio of 50.47, a quick ratio of 0.42 and a current ratio of 0.51. Canadian Pacific Kansas City has a 1 year low of C$94.45 and a 1 year high of C$123.37.

Canadian Pacific Kansas City Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Friday, December 27th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend is Friday, December 27th. Canadian Pacific Kansas City's dividend payout ratio (DPR) 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.