Canadian Pacific Kansas City (TSE:CP – Get Free Report) (NYSE:CP) had its price objective boosted by research analysts at JPMorgan Chase & Co. from C$123.00 to C$136.00 in a report released on Wednesday, BayStreet.CA reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 17.80% from the company’s previous close.
CP has been the subject of a number of other research reports. Desjardins lifted their price objective on Canadian Pacific Kansas City from C$131.00 to C$132.00 and gave the company a “buy” rating in a research report on Wednesday. BMO Capital Markets boosted their price objective on Canadian Pacific Kansas City from C$125.00 to C$133.00 in a research report on Monday, April 8th. Sanford C. Bernstein increased their price objective on shares of Canadian Pacific Kansas City from C$118.00 to C$122.00 in a research note on Monday, July 8th. Raymond James upped their price objective on Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the company an “outperform” rating in a research note on Monday, April 22nd. Finally, Barclays lifted their price target on Canadian Pacific Kansas City from C$120.00 to C$130.00 in a report on Thursday, April 4th. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$123.07.
View Our Latest Stock Analysis on Canadian Pacific Kansas City
Canadian Pacific Kansas City Trading Up 1.5 %
Insider Activity
In related news, Senior Officer Jeffrey Ellis sold 21,255 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of C$111.35, for a total transaction of C$2,366,646.48. In other Canadian Pacific Kansas City news, Senior Officer Jeffrey Ellis sold 21,255 shares of Canadian Pacific Kansas City stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of C$111.35, for a total transaction of C$2,366,646.48. Also, Senior Officer Nadeem Velani sold 3,200 shares of the stock in a transaction dated Monday, June 24th. The shares were sold at an average price of C$109.11, for a total value of C$349,155.84. Over the last 90 days, insiders sold 208,730 shares of company stock valued at $22,779,501. 0.03% of the stock is owned by company 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.
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