Canadian Pacific Kansas City (TSE:CP) PT Set at C$150.00 by Stifel Nicolaus

Key Points

• Stifel Nicolaus assigned Canadian Pacific Kansas City a C$150 price target and “buy” rating, implying 17.47% upside from the prior close.
• Analyst sentiment remains favorable, with the stock carrying a “Moderate Buy” consensus rating and an average price target of C$136.12; several firms recently raised their targets.
• CPKC shares rose 1.4% to C$127.69, while the company reported C$1.27 in quarterly EPS and C$4.16 billion in revenue. Insiders have sold approximately 78,015 shares worth C$10.5 million over the past three months.

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP received a C$150.00 price target from stock analysts at Stifel Nicolaus in a report released on Tuesday, BayStreet reports. The brokerage presently has a "buy" rating on the stock. Stifel Nicolaus's price target would indicate a potential upside of 17.47% from the stock's previous close.

Other equities research analysts have also issued reports about the stock. JPMorgan Chase & Co. lifted their price target on shares of Canadian Pacific Kansas City from C$135.00 to C$153.00 in a research note on Thursday, July 30th. Royal Bank Of Canada upped their price objective on shares of Canadian Pacific Kansas City from C$145.00 to C$146.00 and gave the company an "outperform" rating in a research note on Thursday, September 24th. ATB Cormack raised their price objective on Canadian Pacific Kansas City from C$143.00 to C$146.00 and gave the stock an "outperform" rating in a report on Thursday, October 15th. Raymond James Financial set a C$144.00 target price on Canadian Pacific Kansas City and gave the stock an "outperform" rating in a research report on Monday, October 19th. Finally, Citizens Jmp raised Canadian Pacific Kansas City to a "hold" rating in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of C$136.12.

Canadian Pacific Kansas City Stock Up 1.4%

CP stock traded up C$1.78 during midday trading on Tuesday, reaching C$127.69. 462,532 shares of the company were exchanged, compared to its average volume of 1,375,714. The company has a debt-to-equity ratio of 53.93, a quick ratio of 0.42 and a current ratio of 0.59. Canadian Pacific Kansas City has a 1-year low of C$96.50 and a 1-year high of C$133.38. The stock's 50-day simple moving average is C$124.90 and its 200 day simple moving average is C$118.66. The company has a market cap of C$112.25 billion, a price-to-earnings ratio of 29.70, a price-to-earnings-growth ratio of 2.32 and a beta of 1.33.

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP last issued its quarterly earnings data on Wednesday, July 29th. The company reported C$1.27 earnings per share for the quarter. Canadian Pacific Kansas City had a net margin of 25.04% and a return on equity of 8.35%. The business had revenue of C$4.16 billion during the quarter. On average, equities analysts forecast that Canadian Pacific Kansas City will post 4.34 earnings per share for the current year.

Insider Buying and Selling at Canadian Pacific Kansas City

In other news, insider Mark Ashley Redd sold 52,000 shares of the stock in a transaction dated Monday, August 24th. The shares were sold at an average price of C$134.50, for a total transaction of C$6,994,000.00. Following the completion of the sale, the insider owned 2,199 shares in the company, valued at approximately C$295,765.50. This represents a 95.94% decrease in their ownership of the stock. Also, insider Laird Joseph Pitz sold 24,630 shares of the firm's stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of C$135.08, for a total value of C$3,327,020.40. Over the last three months, insiders have sold 78,015 shares of company stock worth $10,505,115. 0.03% of the stock is owned by company insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.