Canadian Pacific Kansas City Limited (TSE:CP) Given Average Rating of “Moderate Buy” by Analysts

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have received a consensus recommendation of “Moderate Buy” from the fourteen research firms that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is C$121.43.

Several equities analysts have weighed in on the company. National Bankshares raised their target price on Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 24th. ATB Capital lifted their price objective on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. upped their price objective on shares of 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. 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. Finally, Royal Bank of Canada dropped their price target on shares of Canadian Pacific Kansas City from C$137.00 to C$134.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th.

Insiders Place Their Bets

In other news, Senior Officer Maeghan Dawn Albiston sold 2,900 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of C$106.10, for a total value of C$307,694.64. Also, Senior Officer Keith E. Creel sold 51,727 shares of the company’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of C$104.91, for a total transaction of C$5,426,615.01. Insiders sold 70,284 shares of company stock valued at $7,398,669 over the last three months. Insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Stock Up 0.8 %

Canadian Pacific Kansas City stock opened at C$104.08 on Thursday. The firm has a 50 day moving average price of C$106.37 and a 200-day moving average price of C$109.51. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 50.47. Canadian Pacific Kansas City has a twelve month low of C$101.76 and a twelve month high of C$123.37. The company has a market capitalization of C$97.12 billion, a P/E ratio of 27.90, a P/E/G ratio of 2.32 and a beta of 0.79.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Monday, January 27th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Friday, December 27th. Canadian Pacific Kansas City’s dividend payout ratio is currently 20.38%.

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.