Canadian Pacific Kansas City (TSE:CP) Price Target Lowered to C$125.00 at Barclays

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its target price lowered by stock analysts at Barclays from C$130.00 to C$125.00 in a research report issued on Wednesday,BayStreet.CA reports. Barclays‘s target price points to a potential upside of 21.22% from the stock’s previous close.

Other equities research analysts have also issued reports about the stock. Desjardins lifted their target price on shares of Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the company a “buy” rating in a research report on Thursday, January 30th. Sanford C. Bernstein decreased their target price on shares of Canadian Pacific Kansas City from C$123.00 to C$122.00 in a research note on Friday, February 21st. Stephens raised shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. Royal Bank of Canada cut their price objective on shares of Canadian Pacific Kansas City from C$128.00 to C$122.00 and set an “outperform” rating for the company in a report on Monday. Finally, CIBC reduced their price objective on Canadian Pacific Kansas City from C$128.00 to C$124.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Canadian Pacific Kansas City currently has a consensus rating of “Moderate Buy” and a consensus price target of C$124.43.

Canadian Pacific Kansas City Price Performance

CP traded up C$1.41 on Wednesday, reaching C$103.12. The stock had a trading volume of 622,736 shares, compared to its average volume of 1,613,807. The company has a market capitalization of C$96.39 billion, a price-to-earnings ratio of 27.22, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. The firm has a 50-day moving average of C$109.30 and a 200-day moving average of C$109.10. The company has a current ratio of 0.53, a quick ratio of 0.42 and a debt-to-equity ratio of 49.64. Canadian Pacific Kansas City has a fifty-two week low of C$97.52 and a fifty-two week high of C$121.35.

Insider Transactions at Canadian Pacific Kansas City

In other news, Senior Officer Laird Joseph Pitz sold 18,710 shares of the stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of C$116.16, for a total value of C$2,173,430.39. 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.