Canadian Pacific Kansas City (TSE:CP) Given New C$118.00 Price Target at Sanford C. Bernstein

Canadian Pacific Kansas City (TSE:CP - Free Report) NYSE: CP had its price target boosted by Sanford C. Bernstein from C$117.00 to C$118.00 in a research report sent to investors on Monday, BayStreet.CA reports. The brokerage currently has a hold rating on the stock.

A number of other equities research analysts also recently weighed in on the company. National Bankshares raised their target price on Canadian Pacific Kansas City from C$112.00 to C$121.00 in a report on Thursday, April 4th. ATB Capital raised their target price on Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the company an outperform rating in a report on Wednesday, April 10th. Stephens raised their target price on Canadian Pacific Kansas City from C$78.00 to C$83.00 and gave the company an equal weight rating in a report on Thursday, January 4th. BMO Capital Markets raised their target price on Canadian Pacific Kansas City from C$125.00 to C$133.00 in a report on Monday, April 8th. Finally, Royal Bank of Canada raised their target price on Canadian Pacific Kansas City from C$127.00 to C$133.00 in a report on Monday, April 1st. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of Moderate Buy and an average target price of C$120.25.

Canadian Pacific Kansas City Stock Performance

Shares of Canadian Pacific Kansas City stock traded down C$0.68 on Monday, hitting C$117.87. The stock had a trading volume of 916,294 shares, compared to its average volume of 1,163,512. Canadian Pacific Kansas City has a twelve month low of C$94.45 and a twelve month high of C$123.37. The business's 50 day moving average is C$117.96 and its two-hundred day moving average is C$107.21. The company has a quick ratio of 0.42, a current ratio of 0.53 and a debt-to-equity ratio of 53.85. The stock has a market cap of C$109.92 billion, a price-to-earnings ratio of 27.90, a price-to-earnings-growth ratio of 2.32 and a beta of 0.75.

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP last issued its quarterly earnings results on Tuesday, January 30th. The company reported C$1.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$1.12 by C$0.06. The business had revenue of C$3.78 billion for the quarter, compared to the consensus estimate of C$3.66 billion. Canadian Pacific Kansas City had a return on equity of 9.65% and a net margin of 31.28%. Analysts forecast that Canadian Pacific Kansas City will post 4.3266423 EPS for the current year.

Canadian Pacific Kansas City Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 29th. Stockholders of record on Thursday, March 28th will be paid a $0.19 dividend. The ex-dividend date is Wednesday, March 27th. This represents a $0.76 annualized dividend and a dividend yield of 0.64%. Canadian Pacific Kansas City's dividend payout ratio is presently 18.05%.

Insider Buying and Selling at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer Keith E. Creel sold 59,925 shares of Canadian Pacific Kansas City stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of C$119.53, for a total transaction of C$7,162,691.43. In other Canadian Pacific Kansas City news, Senior Officer Nadeem Velani sold 1,000 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of C$123.30, for a total transaction of C$123,300.00. Also, Senior Officer Keith E. Creel sold 59,925 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of C$119.53, for a total transaction of C$7,162,691.43. In the last quarter, insiders sold 97,758 shares of company stock worth $10,774,715. Insiders own 0.03% 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.