Canadian Pacific Kansas City (TSE:CP – Get Free Report) (NYSE:CP) had its target price increased by equities researchers at BMO Capital Markets from C$142.00 to C$145.00 in a report released on Thursday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price target would suggest a potential upside of 18.51% from the stock’s current price.
Other analysts have also issued research reports about the stock. ATB Cormark Capital Markets lifted their price target on shares of Canadian Pacific Kansas City from C$137.00 to C$143.00 and gave the stock an “outperform” rating in a research note on Thursday. Citizens Jmp raised shares of Canadian Pacific Kansas City to a “hold” rating in a research report on Wednesday, July 15th. Royal Bank Of Canada increased their price target on shares of Canadian Pacific Kansas City from C$139.00 to C$145.00 and gave the stock an “outperform” rating in a research report on Thursday. Stephens raised Canadian Pacific Kansas City to a “hold” rating in a report on Wednesday, July 8th. Finally, Scotiabank increased their target price on Canadian Pacific Kansas City from C$122.00 to C$143.00 and gave the stock a “strong-buy” rating in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Canadian Pacific Kansas City presently has a consensus rating of “Moderate Buy” and a consensus price target of C$134.36.
View Our Latest Stock Report on Canadian Pacific Kansas City
Canadian Pacific Kansas City Stock Down 4.7%
Canadian Pacific Kansas City (TSE:CP – Get Free Report) (NYSE:CP) last released its quarterly earnings results on Wednesday, July 29th. The company reported C$1.27 EPS for the quarter. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 27.03%.The business had revenue of C$4.16 billion for the quarter. On average, sell-side analysts predict that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, insider Cassandra P. Quach sold 4,015 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of C$124.82, for a total value of C$501,152.30. Also, insider John Kenneth Brooks sold 65,130 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of C$122.24, for a total value of C$7,961,491.20. In the last quarter, insiders sold 99,515 shares of company stock worth $12,279,066. Company insiders own 0.03% of the company’s stock.
About Canadian Pacific Kansas City
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.
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