Canadian Pacific Kansas City (TSE:CP) Upgraded by Susquehanna to "Strong-Buy"

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP was upgraded by analysts at Susquehanna from a "hold" rating to a "strong-buy" rating in a note issued to investors on Thursday, Zacks.com reports.

Several other analysts have also recently weighed in on CP. National Bankshares boosted 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 report on Thursday. Sanford C. Bernstein decreased their target price on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a research report on Wednesday, October 9th. Scotiabank upgraded Canadian Pacific Kansas City from a "sector perform" rating to an "outperform" rating and boosted their target price for the stock from C$124.00 to C$130.00 in a research report on Wednesday, July 10th. Barclays boosted their target price on Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the stock a "buy" rating in a research report on Wednesday, September 25th. Finally, TD Securities boosted their target price on Canadian Pacific Kansas City from C$115.00 to C$120.00 and gave the stock a "hold" rating in a research report on Wednesday, July 31st. Four research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$120.93.

Canadian Pacific Kansas City Stock Performance

CP traded down C$1.58 during trading on Thursday, reaching C$107.18. 926,600 shares of the company's stock were exchanged, compared to its average volume of 1,302,794. 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 quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 50.47. The business has a 50 day moving average price of C$112.40 and a 200 day moving average price of C$111.45. The company has a market capitalization of C$100.01 billion, a P/E ratio of 28.73, a PEG ratio of 2.32 and a beta of 0.79.

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP last issued its quarterly earnings data on Tuesday, July 30th. The company reported C$1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 company had revenue of C$3.60 billion during the quarter, compared to analysts' expectations of C$3.55 billion. As a group, analysts predict that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current fiscal year.

Insider Activity at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer John Kenneth Brooks sold 21,700 shares of the 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 Canadian Pacific Kansas City news, Senior Officer John Kenneth Brooks sold 21,700 shares of the 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. Also, Senior Officer Laird Joseph Pitz sold 5,480 shares of the stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of C$79.71, for a total value of C$436,796.55. 0.03% of the stock is currently owned by insiders.

About Canadian Pacific Kansas City

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.