Scotiabank Raises Canadian Pacific Kansas City (TSE:CP) Price Target to C$122.00

Key Points

• Scotiabank raised its price target on Canadian Pacific Kansas City to C$122.00 (from C$120.00) while maintaining a "sector perform" rating, implying roughly a 8.43% upside from the stock's current level.
• Analyst sentiment is mixed-to-positive with seven Buy and four Hold ratings, leaving a consensus of "Moderate Buy" and an average target of C$120.08, while individual targets range higher (e.g., BMO C$132, RBC C$128).
• The stock traded around C$112.51 mid-day, has a market cap of about C$100.96 billion, a 12‑month range of C$96.50–C$122.25, and last reported quarterly EPS of C$1.33 with a net margin of 27.46%.

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP had its target price increased by analysts at Scotiabank from C$120.00 to C$122.00 in a research report issued on Thursday,BayStreet.CA reports. The firm currently has a "sector perform" rating on the stock. Scotiabank's target price would indicate a potential upside of 8.43% from the stock's current price.

Other research analysts have also issued research reports about the stock. TD Securities decreased their price target on shares of Canadian Pacific Kansas City from C$116.00 to C$112.00 and set a "hold" rating on the stock in a research report on Thursday, January 29th. Royal Bank Of Canada lifted their price target on shares of Canadian Pacific Kansas City from C$124.00 to C$128.00 in a research report on Thursday, March 26th. Desjardins decreased their price target on shares of Canadian Pacific Kansas City from C$130.00 to C$129.00 and set a "buy" rating on the stock in a research report on Tuesday, March 31st. Sanford C. Bernstein lifted their price target on shares of Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research report on Tuesday, March 31st. Finally, BMO Capital Markets lifted their price target on shares of Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research report on Thursday, February 19th. Seven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$120.08.

Canadian Pacific Kansas City Price Performance

Canadian Pacific Kansas City stock traded down C$0.45 during mid-day trading on Thursday, hitting C$112.51. The company's stock had a trading volume of 462,035 shares, compared to its average volume of 1,649,311. The company has a quick ratio of 0.42, a current ratio of 0.49 and a debt-to-equity ratio of 50.54. The stock has a market capitalization of C$100.96 billion, a P/E ratio of 24.95, a P/E/G ratio of 2.32 and a beta of 1.13. Canadian Pacific Kansas City has a twelve month low of C$96.50 and a twelve month high of C$122.25. The stock's fifty day moving average price is C$111.92 and its two-hundred day moving average price is C$105.45.

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP last posted its quarterly earnings results on Wednesday, January 28th. The company reported C$1.33 earnings per share (EPS) for the quarter. The firm had revenue of C$3.92 billion for the quarter. Canadian Pacific Kansas City had a net margin of 27.46% and a return on equity of 8.90%. Research analysts forecast that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Insider Activity at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, insider John Kenneth Brooks sold 14,845 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Friday, January 30th. The shares were 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 stock in a transaction on Friday, January 30th. The shares were purchased at an average price of C$102.00 per share, for a total transaction of C$1,326,000.00. Following the completion of the transaction, the director owned 13,933 shares in the company, valued at approximately C$1,421,166. This represents a 1,393.35% increase in their position. 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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