Canadian Pacific Kansas City (TSE:CP) Price Target Raised to C$129.00 at UBS Group

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP had its price target lifted by research analysts at UBS Group from C$127.00 to C$129.00 in a report issued on Thursday,BayStreet.CA reports. UBS Group's target price suggests a potential upside of 18.46% from the company's current price.

A number of other equities research analysts have also weighed in on CP. ATB Capital raised their price objective on shares of Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. Stephens raised Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 6th. Citigroup set a C$97.00 target price on shares of Canadian Pacific Kansas City and gave the stock a "buy" rating in a research report on Wednesday, October 9th. Scotiabank lowered their price target on Canadian Pacific Kansas City from C$130.00 to C$128.00 in a report on Thursday. Finally, JPMorgan Chase & Co. boosted their target price on 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. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of C$124.07.

Canadian Pacific Kansas City Stock Down 5.7 %

TSE CP traded down C$6.60 on Thursday, reaching C$108.90. The stock had a trading volume of 4,238,126 shares, compared to its average volume of 1,488,560. The company's fifty day moving average price is C$107.86. Canadian Pacific Kansas City has a 12-month low of C$101.76 and a 12-month high of C$123.37. The company has a market capitalization of C$101.62 billion, a price-to-earnings ratio of 29.20, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 50.47.

Insider Transactions at Canadian Pacific Kansas City

In other news, Senior Officer Laird Joseph Pitz sold 18,710 shares of the stock in a transaction dated 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. Also, Senior Officer Maeghan Dawn Albiston sold 2,900 shares of the business's stock in a transaction dated Monday, December 16th. The shares were sold at an average price of C$106.10, for a total value of C$307,694.64. In the last quarter, insiders sold 88,994 shares of company stock worth $9,572,099. 0.03% of the stock is currently owned by company 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.