Analysts Set Canadian Pacific Kansas City Limited (NYSE:CP) Price Target at $95.29

Shares of Canadian Pacific Kansas City Limited (NYSE:CP - Get Free Report) TSE: CP have received a consensus rating of "Moderate Buy" from the twenty-two research firms that are presently covering the company, MarketBeat reports. Eleven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $95.29.

A number of brokerages have recently commented on CP. Benchmark reaffirmed a "hold" rating on shares of Canadian Pacific Kansas City in a research note on Wednesday, April 10th. Bank of America boosted their price objective on Canadian Pacific Kansas City from $87.00 to $97.00 and gave the company a "buy" rating in a research report on Wednesday, April 10th. StockNews.com upgraded Canadian Pacific Kansas City from a "sell" rating to a "hold" rating in a research report on Wednesday, January 31st. JPMorgan Chase & Co. decreased their price objective on Canadian Pacific Kansas City from $121.00 to $116.00 and set an "overweight" rating for the company in a research report on Thursday, December 21st. Finally, Susquehanna Bancshares lowered Canadian Pacific Kansas City from a "positive" rating to a "neutral" rating and decreased their price objective for the company from $90.00 to $87.00 in a research report on Monday, January 8th.

Canadian Pacific Kansas City Trading Up 0.9 %

Shares of CP stock traded up $0.73 on Friday, reaching $84.67. The company had a trading volume of 1,627,600 shares, compared to its average volume of 2,033,813. The company has a current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.46. The stock has a market cap of $78.96 billion, a PE ratio of 26.97, a PEG ratio of 2.15 and a beta of 0.94. The company has a 50-day moving average of $87.10 and a 200-day moving average of $79.42. Canadian Pacific Kansas City has a 12 month low of $68.92 and a 12 month high of $91.58.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last announced its quarterly earnings results on Tuesday, January 30th. The transportation company reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.04. The company had revenue of $2.77 billion during the quarter, compared to analysts' expectations of $2.71 billion. Canadian Pacific Kansas City had a return on equity of 8.52% and a net margin of 31.29%. On average, equities analysts forecast that Canadian Pacific Kansas City will post 3.21 earnings per share for the current year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 29th. Investors of record on Thursday, March 28th will be paid a $0.1415 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date is Wednesday, March 27th. This is a boost from Canadian Pacific Kansas City's previous quarterly dividend of $0.14. Canadian Pacific Kansas City's dividend payout ratio is 17.83%.

Institutional Investors Weigh In On Canadian Pacific Kansas City

Large investors have recently added to or reduced their stakes in the business. YCG LLC raised its stake in Canadian Pacific Kansas City by 32.5% in the 4th quarter. YCG LLC now owns 372,422 shares of the transportation company's stock valued at $29,444,000 after acquiring an additional 91,276 shares during the period. SG Americas Securities LLC increased its position in Canadian Pacific Kansas City by 15.3% during the 4th quarter. SG Americas Securities LLC now owns 96,211 shares of the transportation company's stock worth $7,606,000 after buying an additional 12,748 shares during the period. Element Capital Management LLC bought a new position in Canadian Pacific Kansas City during the 3rd quarter worth $7,815,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Canadian Pacific Kansas City by 5.0% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 308,459 shares of the transportation company's stock worth $24,525,000 after buying an additional 14,557 shares during the period. Finally, Asset Management One Co. Ltd. bought a new position in Canadian Pacific Kansas City during the 4th quarter worth $5,392,000. Institutional investors own 72.20% of the company's stock.

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.