Canadian Pacific Kansas City Limited (TSE:CP) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been assigned an average recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, eight have given a buy recommendation and one has given 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$120.23.

A number of equities research analysts recently weighed in on the stock. Sanford C. Bernstein cut their price objective on shares of Canadian Pacific Kansas City from C$121.00 to C$114.00 in a research note on Tuesday, November 11th. Royal Bank Of Canada raised their target price on shares of Canadian Pacific Kansas City from C$129.00 to C$137.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. ATB Capital boosted their price target on shares of Canadian Pacific Kansas City from C$124.00 to C$125.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 15th. JPMorgan Chase & Co. decreased their price objective on shares of Canadian Pacific Kansas City from C$137.00 to C$124.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Finally, CIBC raised their price objective on shares of Canadian Pacific Kansas City from C$122.00 to C$123.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th.

Canadian Pacific Kansas City Stock Performance

Shares of TSE CP opened at C$99.56 on Monday. Canadian Pacific Kansas City has a 12-month low of C$94.60 and a 12-month high of C$118.80. The company has a market cap of C$89.69 billion, a PE ratio of 21.64, a P/E/G ratio of 2.32 and a beta of 0.88. The stock has a 50 day simple moving average of C$100.77 and a 200-day simple moving average of C$103.86. 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 (TSE:CP) (NYSE:CP) last posted its earnings results on Wednesday, October 29th. The company reported C$1.10 EPS for the quarter. Canadian Pacific Kansas City had a return on equity of 8.22% and a net margin of 24.50%.The firm had revenue of C$3.66 billion for the quarter. On average, equities research analysts forecast that Canadian Pacific Kansas City will post 4.3438583 EPS for the current year.

Canadian Pacific Kansas City Company Profile

Canadian Pacific is a CAD 8 billion Class-1 railroads operating on more than 12,500 miles of track across most of Canada and into parts of the Midwestern and Northeastern United States. It is the second-smallest Class I railroad by revenue and route miles. In 2021, CP hauled shipments of grain (22% of freight revenue), intermodal containers (22%), energy products (like crude and frac sand), chemicals, and plastics (20%) coal (8%), fertilizer and potash (10%), automotive products (5%), and a diverse mix of other merchandise.