Canadian Pacific Kansas City (TSE:CP) Stock Rating Upgraded by Stephens

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

Several other brokerages have also commented on CP. Desjardins cut their price objective on Canadian Pacific Kansas City from C$132.00 to C$131.00 and set a “buy” rating for the company in a report on Thursday, October 24th. National Bankshares upped their price target on shares of Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. increased their price objective on shares of Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 8th. Citigroup set a C$97.00 target price on shares of Canadian Pacific Kansas City and gave the company a “buy” rating in a research report on Wednesday, October 9th. Finally, Susquehanna upgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 24th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$124.38.

Canadian Pacific Kansas City Trading Up 1.3 %

TSE:CP opened at C$110.80 on Monday. The company has a market cap of C$103.39 billion, a PE ratio of 29.71, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. The company has a current ratio of 0.51, a quick ratio of 0.42 and a debt-to-equity ratio of 50.47. The company has a 50 day simple moving average of C$106.37 and a two-hundred day simple moving average of C$109.62. Canadian Pacific Kansas City has a 12 month low of C$101.76 and a 12 month high of C$123.37.

Insider Buying and Selling at Canadian Pacific Kansas City

In related news, Senior Officer Keith E. Creel sold 51,727 shares of the company’s stock in a transaction on Monday, December 23rd. The shares were 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 transaction of C$307,694.64. Insiders sold a total of 70,284 shares of company stock valued at $7,398,669 in the last three months. 0.03% of the stock is currently owned by corporate insiders.

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.