Canadian Pacific Railway Limited Receives Average Rating of “Buy” from Analysts (TSE:CP)
Shares of Canadian Pacific Railway Limited (TSE:CP) have earned an average recommendation of “Buy” from the twenty ratings firms that are covering the company, Analyst Ratings Net reports. One analyst has rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is C$180.00.
Shares of Canadian Pacific Railway Limited (TSE:CP) opened at 196.07 on Friday. Canadian Pacific Railway Limited has a 52 week low of $121.39 and a 52 week high of $202.08. The stock has a 50-day moving average of $192.5 and a 200-day moving average of $174.0. The company has a market cap of $34.332 billion and a price-to-earnings ratio of 37.77.
Canadian Pacific Railway Limited (TSE:CP) last announced its earnings results on Wednesday, April 23rd. The company reported $1.44 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.42 by $0.02. Analysts expect that Canadian Pacific Railway Limited will post $8.55 EPS for the current fiscal year.
A number of analysts have recently weighed in on CP shares. Analysts at Barclays raised their price target on shares of Canadian Pacific Railway Limited from C$185.00 to C$210.00 in a research note on Monday, June 30th. They now have an “overweight” rating on the stock. Separately, analysts at FirstEnergy Capital raised their price target on shares of Canadian Pacific Railway Limited from C$180.00 to C$200.00 in a research note on Friday, June 27th. Finally, analysts at National Bank Financial raised their price target on shares of Canadian Pacific Railway Limited from C$181.00 to C$193.00 in a research note on Thursday, June 26th.
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.
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.