Canadian Pacific Kansas City (TSE:CP) Price Target Lowered to C$118.00 at National Bankshares

Canadian Pacific Kansas City (TSE:CP - Free Report) NYSE: CP had its price objective decreased by National Bankshares from C$123.00 to C$118.00 in a research report released on Thursday morning,BayStreet.CA reports. National Bankshares currently has a sector perform rating on the stock.

Other equities research analysts also recently issued reports about the company. Sanford C. Bernstein reduced their price target on Canadian Pacific Kansas City from C$123.00 to C$122.00 in a report on Friday, February 21st. ATB Capital lifted their target price on Canadian Pacific Kansas City from C$129.00 to C$130.00 and gave the stock an "outperform" rating in a research report on Thursday, January 30th. Royal Bank of Canada cut their price target on shares of Canadian Pacific Kansas City from C$128.00 to C$122.00 and set an "outperform" rating on the stock in a report on Monday, March 31st. UBS Group lifted their price objective on shares of Canadian Pacific Kansas City from C$127.00 to C$129.00 in a report on Thursday, January 30th. Finally, Stephens upgraded shares of Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 6th. One 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. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of C$124.36.

Canadian Pacific Kansas City Trading Down 2.0 %

TSE:CP traded down C$1.98 during mid-day trading on Thursday, hitting C$95.70. 4,068,715 shares of the stock traded hands, compared to its average volume of 1,670,756. 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 capitalization of C$89.45 billion, a price-to-earnings ratio of 25.26, a PEG ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City has a 52 week low of C$94.74 and a 52 week high of C$121.35. The firm's 50 day moving average is C$108.15 and its two-hundred day moving average is C$108.64.

Canadian Pacific Kansas City Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Monday, April 28th will be given a dividend of $0.19 per share. The ex-dividend date is Friday, March 28th. This represents a $0.76 dividend on an annualized basis and a yield of 0.79%. Canadian Pacific Kansas City's payout ratio is 20.06%.

Insiders Place Their Bets

In other Canadian Pacific Kansas City news, Senior Officer Laird Joseph Pitz sold 18,710 shares of the company's stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of C$116.16, for a total transaction of C$2,173,430.39. Corporate insiders own 0.03% of the company's stock.

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.