Canadian Pacific Kansas City (TSE:CP) PT Raised to C$134.00 at ATB Capital

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP had its price target lifted by equities research analysts at ATB Capital from C$133.00 to C$134.00 in a report issued on Thursday, BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. ATB Capital's price target suggests a potential upside of 23.21% from the company's current price.

Several other analysts also recently issued reports on the stock. Scotiabank raised shares of Canadian Pacific Kansas City from a "sector perform" rating to an "outperform" rating and lifted their price target for the company from C$124.00 to C$130.00 in a research report on Wednesday, July 10th. JPMorgan Chase & Co. lifted their price objective on shares of Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the company an "overweight" rating in a report on Tuesday, October 8th. TD Securities upped their target price on shares of Canadian Pacific Kansas City from C$115.00 to C$120.00 and gave the stock a "hold" rating in a report on Wednesday, July 31st. Desjardins lifted their price target on Canadian Pacific Kansas City from C$131.00 to C$132.00 and gave the company a "buy" rating in a research note on Wednesday, July 31st. Finally, National Bankshares increased their price objective on Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the stock a "sector perform" rating in a research note on Thursday. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Canadian Pacific Kansas City currently has a consensus rating of "Moderate Buy" and an average target price of C$120.93.

Canadian Pacific Kansas City Trading Down 0.3 %

Shares of TSE:CP traded down C$0.31 during midday trading on Thursday, reaching C$108.76. The company's stock had a trading volume of 1,524,671 shares, compared to its average volume of 1,304,620. Canadian Pacific Kansas City has a fifty-two week low of C$94.45 and a fifty-two week high of C$123.37. 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 firm has a 50 day moving average price of C$112.34 and a two-hundred day moving average price of C$111.60. The firm has a market capitalization of C$101.49 billion, a price-to-earnings ratio of 29.16, a PEG ratio of 2.32 and a beta of 0.79.

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP last released its quarterly earnings data on Tuesday, July 30th. The company reported C$1.05 earnings per share for the quarter, beating the consensus estimate of C$1.01 by C$0.04. The company had revenue of C$3.60 billion during the quarter, compared to analyst estimates of C$3.55 billion. Canadian Pacific Kansas City had a net margin of 24.46% and a return on equity of 8.10%. As a group, analysts forecast that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Insiders Place Their Bets

In other Canadian Pacific Kansas City news, Senior Officer John Kenneth Brooks sold 21,700 shares of the firm's stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of C$112.01, for a total value of C$2,430,629.59. In other news, Senior Officer Laird Joseph Pitz sold 5,480 shares of the company'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 Canadian Pacific Kansas City stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of C$112.01, for a total value of C$2,430,629.59. Company 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.