Canadian Pacific Kansas City (TSE:CP) Rating Increased to Strong-Buy at Stephens

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) was upgraded by Stephens from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other research analysts also recently commented on the company. Sanford C. Bernstein lowered their target price on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a research note on Wednesday, October 9th. ATB Capital increased their price objective on 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. Royal Bank of Canada decreased their price target on Canadian Pacific Kansas City from C$137.00 to C$134.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. National Bankshares boosted their target price on Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the stock a “sector perform” rating in a report on Thursday, October 24th. Finally, Susquehanna raised shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of C$124.38.

Canadian Pacific Kansas City Trading Up 1.3 %

Shares of TSE:CP opened at C$110.80 on Monday. The firm has a fifty day moving average of C$106.37 and a two-hundred day moving average of C$109.62. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 50.47. Canadian Pacific Kansas City has a 12-month low of C$101.76 and a 12-month high of C$123.37. The firm has a market capitalization of C$103.39 billion, a P/E ratio of 29.71, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79.

Insider Activity at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer Keith E. Creel sold 51,727 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of C$104.91, for a total transaction of C$5,426,615.01. Also, Senior Officer Maeghan Dawn Albiston sold 2,900 shares of the stock in a transaction on Monday, December 16th. The shares were sold at an average price of C$106.10, for a total value of C$307,694.64. Insiders sold 70,284 shares of company stock valued at $7,398,669 in the last three months. Corporate insiders own 0.03% of the company’s stock.

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.