Canadian Pacific Kansas City (TSE:CP) Given New C$125.00 Price Target at Raymond James Financial

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its price objective hoisted by Raymond James Financial from C$120.00 to C$125.00 in a research report released on Thursday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other research analysts also recently commented on the company. Scotiabank increased their price objective on Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the company a “hold” rating in a report on Thursday, April 9th. Citigroup dropped their price target on Canadian Pacific Kansas City from C$88.00 to C$86.00 and set a “buy” rating on the stock in a research note on Thursday, January 29th. TD raised their price target on Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the stock a “hold” rating in a research note on Monday, April 13th. BMO Capital Markets raised their price target on Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research note on Thursday, February 19th. Finally, TD Securities dropped their price target on Canadian Pacific Kansas City from C$116.00 to C$112.00 and set a “hold” rating on the stock in a research note on Thursday, January 29th. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$121.00.

Canadian Pacific Kansas City Trading Up 5.0%

CP opened at C$118.08 on Thursday. Canadian Pacific Kansas City has a one year low of C$96.50 and a one year high of C$122.25. The company has a market cap of C$105.95 billion, a P/E ratio of 26.18, a PEG ratio of 2.32 and a beta of 1.13. The company has a debt-to-equity ratio of 50.54, a quick ratio of 0.42 and a current ratio of 0.49. The business’s 50-day simple moving average is C$112.91 and its 200-day simple moving average is C$106.10.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its quarterly earnings data on Wednesday, January 28th. The company reported C$1.33 EPS for the quarter. Canadian Pacific Kansas City had a return on equity of 8.90% and a net margin of 27.46%.The business had revenue of C$3.92 billion for the quarter. As a group, equities research analysts expect that Canadian Pacific Kansas City will post 4.3438583 EPS for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 27th. Investors of record on Monday, April 27th will be paid a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 19.38%.

Insider Buying and Selling

In other Canadian Pacific Kansas City news, insider John Kenneth Brooks sold 14,845 shares of the stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of C$103.53, for a total transaction of C$1,536,902.85. Also, Director Marc Parent acquired 13,000 shares of the firm’s stock in a transaction on Friday, January 30th. The shares were bought at an average cost of C$102.00 per share, with a total value of C$1,326,000.00. Following the completion of the transaction, the director directly owned 13,933 shares in the company, valued at C$1,421,166. This trade represents a 1,393.35% increase in their position. Company insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Company Profile

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.