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

Shares of Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP have received an average rating of "Moderate Buy" from the fourteen brokerages that are presently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$121.43.

Several brokerages recently issued reports on CP. Barclays boosted their price target on Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the company a "buy" rating in a research report on Wednesday, September 25th. Sanford C. Bernstein dropped their price target on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a research report on Wednesday, October 9th. Citigroup set a C$97.00 price target on Canadian Pacific Kansas City and gave the company a "buy" rating in a research report on Wednesday, October 9th. JPMorgan Chase & Co. boosted their target price on Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 8th. Finally, Desjardins dropped their target price on Canadian Pacific Kansas City from C$132.00 to C$131.00 and set a "buy" rating on the stock in a research report on Thursday, October 24th.

Canadian Pacific Kansas City Stock Performance

TSE CP traded up C$0.81 during trading on Friday, reaching C$107.11. 1,040,000 shares of the company's stock were exchanged, compared to its average volume of 1,328,424. The firm has a market cap of C$99.95 billion, a PE ratio of 28.72, a P/E/G ratio of 2.32 and a beta of 0.79. The company has a debt-to-equity ratio of 50.47, a quick ratio of 0.42 and a current ratio of 0.51. The stock has a 50 day simple moving average of C$109.76. Canadian Pacific Kansas City has a 1 year low of C$96.58 and a 1 year high of C$123.37.

Canadian Pacific Kansas City Dividend Announcement

The company 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 dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date is Friday, December 27th. Canadian Pacific Kansas City's dividend payout ratio (DPR) is presently 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.