Desjardins Trims Canadian Pacific Kansas City (TSE:CP) Target Price to C$131.00

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP had its target price reduced by Desjardins from C$132.00 to C$131.00 in a report issued on Thursday, BayStreet.CA reports. The firm currently has a "buy" rating on the stock. Desjardins' price objective would suggest a potential upside of 20.45% from the stock's current price.

Several other brokerages have also commented on CP. Scotiabank upgraded shares of Canadian Pacific Kansas City from a "sector perform" rating to an "outperform" rating and upped their price objective for the stock from C$124.00 to C$130.00 in a report on Wednesday, July 10th. Citigroup set a C$97.00 price objective on shares of Canadian Pacific Kansas City and gave the stock a "buy" rating in a report on Wednesday, October 9th. Sanford C. Bernstein cut their price objective on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a research report on Wednesday, October 9th. ATB Capital increased their target price on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock an "outperform" rating in a research report on Thursday. Finally, Barclays lifted 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. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of C$120.93.

Canadian Pacific Kansas City Trading Down 0.3 %

TSE:CP traded down C$0.31 during mid-day trading on Thursday, reaching C$108.76. 1,524,671 shares of the company's stock traded hands, compared to its average volume of 1,304,620. The company has a 50 day moving average price of C$112.34 and a 200-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. The company has a debt-to-equity ratio of 50.47, a current ratio of 0.51 and a quick ratio of 0.42. Canadian Pacific Kansas City has a 12-month low of C$94.45 and a 12-month high of C$123.37.

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP last posted its earnings results on Tuesday, July 30th. The company reported C$1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.01 by C$0.04. Canadian Pacific Kansas City had a return on equity of 8.10% and a net margin of 24.46%. The firm had revenue of C$3.60 billion for the quarter, compared to analysts' expectations of C$3.55 billion. On average, sell-side analysts predict that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Insider Activity at Canadian Pacific Kansas City

In other news, Senior Officer Laird Joseph Pitz sold 5,480 shares of the stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of C$79.71, for a total transaction of C$436,796.55. In other news, Senior Officer Laird Joseph Pitz sold 5,480 shares of the business's stock in a transaction on Tuesday, August 20th. The stock was 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 company's 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. 0.03% of the stock is currently owned by insiders.

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.