Royal Bank of Canada Analysts Give Canadian Pacific Kansas City (TSE:CP) a C$133.00 Price Target

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) has been given a C$133.00 price objective by equities researchers at Royal Bank of Canada in a research report issued on Tuesday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank of Canada’s target price indicates a potential upside of 26.38% from the stock’s previous close.

A number of other equities analysts have also recently issued reports on CP. ATB Capital set a C$120.00 target price on Canadian Pacific Kansas City and gave the stock an “outperform” rating in a report on Friday, July 28th. Berenberg Bank upped their price objective on Canadian Pacific Kansas City from C$108.00 to C$111.00 in a research note on Wednesday, July 12th. BMO Capital Markets reduced their target price on shares of Canadian Pacific Kansas City from C$130.00 to C$128.00 in a report on Thursday, June 8th. National Bank Financial increased their price objective on Canadian Pacific Kansas City from C$107.00 to C$110.00 in a research report on Tuesday, July 11th. Finally, Scotiabank cut their price target on Canadian Pacific Kansas City from C$124.00 to C$123.00 in a research note on Thursday, June 29th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$114.07.

Canadian Pacific Kansas City Stock Performance

Shares of TSE CP traded down C$1.57 during trading hours on Tuesday, hitting C$105.24. 360,064 shares of the stock were exchanged, compared to its average volume of 1,206,105. The company has a debt-to-equity ratio of 57.68, a current ratio of 0.67 and a quick ratio of 0.42. The company’s 50 day moving average is C$107.18 and its 200 day moving average is C$106.09. The firm has a market capitalization of C$98.03 billion, a P/E ratio of 22.85, a P/E/G ratio of 1.70 and a beta of 0.83. Canadian Pacific Kansas City has a one year low of C$90.84 and a one year high of C$112.96.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its earnings results on Thursday, July 27th. The company reported C$0.83 EPS for the quarter, missing the consensus estimate of C$0.92 by C($0.09). The company had revenue of C$3.17 billion for the quarter, compared to the consensus estimate of C$3.29 billion. Canadian Pacific Kansas City had a return on equity of 11.22% and a net margin of 41.96%. On average, research analysts expect that Canadian Pacific Kansas City will post 4.7743071 EPS for the current year.

Insider Activity at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer Keith E. Creel sold 3,608 shares of the firm’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of C$77.58, for a total value of C$279,893.13. In other Canadian Pacific Kansas City news, Senior Officer James Dominic Luther Clements sold 14,475 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of C$107.53, for a total transaction of C$1,556,427.27. Also, Senior Officer Keith E. Creel sold 3,608 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of C$77.58, for a total transaction of C$279,893.13. 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 and the United States. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; and merchandise freight, such as energy, chemicals and plastics, metals, minerals and consumer, automotive, and forest products.