Canadian Pacific Railway Limited Given Consensus Recommendation of “Hold” by Analysts (TSE:CP)
Canadian Pacific Railway Limited (TSE:CP) has earned a consensus rating of “Hold” from the twenty-one brokerages that are covering the company, Stock Ratings News reports. One investment analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$153.58.
CP has been the subject of a number of recent research reports. Analysts at Cowen and Company upgraded shares of Canadian Pacific Railway Limited from a “market perform” rating to an “outperform” rating in a research note to investors on Thursday, January 30th. They now have a C$174.00 price target on the stock, up previously from C$152.00. Separately, analysts at RBC Capital raised their price target on shares of Canadian Pacific Railway Limited from C$133.00 to C$138.00 in a research note to investors on Thursday, January 30th. They now have a “sector perform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Canadian Pacific Railway Limited from C$184.00 to C$200.00 in a research note to investors on Thursday, January 30th. They now have an “overweight” rating on the stock.
Shares of Canadian Pacific Railway Limited (TSE:CP) opened at 166.70 on Friday. Canadian Pacific Railway Limited has a 1-year low of $112.85 and a 1-year high of $171.90. The stock has a 50-day moving average of $162.5 and a 200-day moving average of $145.1. The company has a market cap of $29.239 billion and a price-to-earnings ratio of 32.83.
Canadian Pacific Railway Limited (TSE:CP) has 14,700-mile network serving the principal business centres of Canada, from Montreal to Vancouver, British Columbia and the United States Midwest and Northeast regions.
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