Canadian Pacific Kansas City (TSE:CP) Price Target Cut to C$119.00 by Analysts at National Bankshares

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP had its price objective cut by analysts at National Bankshares from C$121.00 to C$119.00 in a report issued on Thursday, BayStreet.CA reports. The brokerage currently has a "sector perform" rating on the stock. National Bankshares' price target would suggest a potential upside of 6.12% from the company's previous close.

A number of other brokerages have also issued reports on CP. Barclays raised their price objective on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 in a report on Thursday, April 4th. TD Securities raised their price target on shares of Canadian Pacific Kansas City from C$110.00 to C$115.00 and gave the company a "hold" rating in a research note on Wednesday, January 31st. Raymond James boosted their price objective on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the stock an "outperform" rating in a research note on Monday. Desjardins raised their target price on Canadian Pacific Kansas City from C$118.00 to C$130.00 and gave the stock a "buy" rating in a research report on Friday, April 12th. Finally, Sanford C. Bernstein increased their price target on Canadian Pacific Kansas City from C$117.00 to C$118.00 and gave the company a "hold" rating in a research note on Monday, April 15th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of C$120.63.

Canadian Pacific Kansas City Price Performance

CP traded down C$0.09 during trading on Thursday, hitting C$112.14. 1,601,805 shares of the stock traded hands, compared to its average volume of 1,201,745. The business has a 50 day moving average price of C$118.31 and a 200 day moving average price of C$108.10. The company has a market cap of C$104.58 billion, a price-to-earnings ratio of 26.64, a PEG ratio of 2.32 and a beta of 0.75. Canadian Pacific Kansas City has a twelve month low of C$94.45 and a twelve month high of C$123.37. The company has a debt-to-equity ratio of 53.85, a current ratio of 0.53 and a quick ratio of 0.42.

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP last posted its earnings results on Wednesday, April 24th. The company reported C$0.93 EPS for the quarter, missing analysts' consensus estimates of C$0.95 by C($0.02). The company had revenue of C$3.52 billion during the quarter, compared to the consensus estimate of C$3.52 billion. Canadian Pacific Kansas City had a return on equity of 9.65% and a net margin of 31.28%. Equities research analysts forecast that Canadian Pacific Kansas City will post 4.3266423 earnings per share for the current fiscal year.

Insider Transactions at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer Keith E. Creel sold 59,925 shares of the stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of C$119.53, for a total value of C$7,162,691.43. In related news, Senior Officer James Dominic Luther Clements sold 7,828 shares of the stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of C$118.91, for a total transaction of C$930,859.57. Also, Senior Officer Keith E. Creel sold 59,925 shares of the firm's 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. Insiders sold a total of 97,758 shares of company stock worth $10,774,715 in the last quarter. 0.03% of the stock is currently owned by corporate insiders.

Canadian Pacific Kansas City Company Profile

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.