Share on StockTwits

Investment analysts at Credit Suisse lifted their target price on shares of Canadian Pacific Railway Limited (NYSE:CP) from $183.00 to $205.00 in a note issued to investors on Tuesday. The firm currently has an “outperform” rating on the stock. Credit Suisse’s price target suggests a potential upside of 26.43% from the company’s current price.

A number of other firms have also recently commented on CP. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Canadian Pacific Railway Limited in a research note on Friday, May 2nd. They now have a $190.00 price target on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Canadian Pacific Railway Limited in a research note on Wednesday, April 23rd. Finally, analysts at National Bank Financial raised their price target on shares of Canadian Pacific Railway Limited from $169.00 to $181.00 in a research note on Wednesday, April 23rd. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Canadian Pacific Railway Limited presently has a consensus rating of “Buy” and an average price target of $162.70.

Canadian Pacific Railway Limited (NYSE:CP) opened at 162.14 on Tuesday. Canadian Pacific Railway Limited has a 52 week low of $113.82 and a 52 week high of $162.58. The stock’s 50-day moving average is $153. and its 200-day moving average is $151.8. The company has a market cap of $28.393 billion and a P/E ratio of 33.81.

Canadian Pacific Railway Limited (NYSE:CP) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $1.44 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.50 by $0.06. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the prior year, the company posted $1.24 earnings per share. The company’s quarterly revenue was up .9% on a year-over-year basis. Analysts expect that Canadian Pacific Railway Limited will post $8.48 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, July 28th. Stockholders of record on Friday, June 27th will be given a dividend of $0.3171 per share. This represents a $1.27 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend is Wednesday, June 25th.

Canadian Pacific Railway Limited (NYSE: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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.