Canadian Pacific Kansas City Limited (TSE:CP) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has earned a consensus rating of “Moderate Buy” from the sixteen analysts that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, nine have issued a buy rating and three have issued a strong buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is C$124.07.

Several research firms recently issued reports on CP. Loop Capital cut Canadian Pacific Kansas City from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, February 3rd. Royal Bank of Canada raised their target price on Canadian Pacific Kansas City from C$124.00 to C$128.00 and gave the stock an “outperform” rating in a research note on Thursday, January 30th. Desjardins raised their price objective on shares of Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. Scotiabank lowered their price objective on shares of Canadian Pacific Kansas City from C$130.00 to C$128.00 in a report on Thursday, January 30th. Finally, Susquehanna upgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 24th.

Insider Activity

In other news, Senior Officer Laird Joseph Pitz sold 18,710 shares of Canadian Pacific Kansas City 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. Also, Senior Officer James Dominic Luther Clements sold 15,657 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of C$106.30, for a total transaction of C$1,664,359.45. Over the last ninety days, insiders sold 88,994 shares of company stock worth $9,572,099. Insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Stock Down 0.2 %

TSE CP opened at C$110.97 on Friday. The company has a debt-to-equity ratio of 49.64, a current ratio of 0.53 and a quick ratio of 0.42. The stock has a market capitalization of C$103.72 billion, a PE ratio of 29.30, a PEG ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City has a 1 year low of C$101.76 and a 1 year high of C$123.37. The business’s 50-day moving average is C$108.58 and its 200 day moving average is C$109.82.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 0.68%. Canadian Pacific Kansas City’s payout ratio is 20.06%.

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.