Canadian Pacific Kansas City Limited (TSE:CP) Receives C$121.43 Average PT from Analysts

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been given a consensus rating of “Moderate Buy” by the fourteen analysts that are currently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$121.43.

Several research analysts have recently commented on CP shares. Desjardins reduced their target price on Canadian Pacific Kansas City from C$132.00 to C$131.00 and set a “buy” rating for the company in a research note on Thursday, October 24th. JPMorgan Chase & Co. upped their price objective on shares of Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the company an “overweight” rating in a report on Tuesday, October 8th. Susquehanna upgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 24th. ATB Capital lifted their target price on shares of Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Finally, Barclays increased their price target on shares of Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the company a “buy” rating in a report on Wednesday, September 25th.

Canadian Pacific Kansas City Stock Down 0.8 %

TSE:CP opened at C$106.37 on Friday. The stock’s fifty day moving average price is C$109.33 and its two-hundred day moving average price is C$109.97. The company has a market cap of C$99.26 billion, a price-to-earnings ratio of 28.52, a P/E/G ratio of 2.32 and a beta of 0.79. Canadian Pacific Kansas City has a 52-week low of C$97.93 and a 52-week high of C$123.37. The company has a debt-to-equity ratio of 50.47, a quick ratio of 0.42 and a current ratio of 0.51.

Canadian Pacific Kansas City Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Friday, December 27th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend is Friday, December 27th. Canadian Pacific Kansas City’s dividend payout ratio is currently 20.38%.

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.