Canadian Pacific Railway Limited (TSE:CP) (NYSE:CP) was upgraded by research analysts at CLSA from an “underperform” rating to an “outperform” rating in a research note issued to investors on Monday.

Several other analysts also recently weighed in on CP. Barclays PLC boosted their price objective on shares of Canadian Pacific Railway Limited from C$215.00 to C$225.00 in a research report on Monday, September 12th. Raymond James Financial, Inc. boosted their price objective on shares of Canadian Pacific Railway Limited from C$220.00 to C$230.00 and gave the stock an “outperform” rating in a research report on Monday, October 17th. Royal Bank Of Canada reduced their price objective on shares of Canadian Pacific Railway Limited from C$237.00 to C$230.00 and set an “outperform” rating for the company in a research report on Thursday, October 20th. Desjardins boosted their price objective on shares of Canadian Pacific Railway Limited from C$212.00 to C$227.00 and gave the stock a “buy” rating in a research report on Thursday, October 20th. Finally, BMO Capital Markets boosted their price objective on shares of Canadian Pacific Railway Limited from C$215.00 to C$220.00 and gave the stock an “outperform” rating in a research report on Thursday, October 20th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of C$206.00.

Analyst Recommendations for Canadian Pacific Railway Limited (TSE:CP)

Canadian Pacific Railway Limited (TSE:CP) traded up 0.33% during trading on Monday, reaching $194.00. 71,408 shares of the company’s stock traded hands. Canadian Pacific Railway Limited has a one year low of $140.02 and a one year high of $209.12. The firm’s 50 day moving average price is $198.07 and its 200-day moving average price is $192.46. The stock has a market cap of $28.37 billion and a P/E ratio of 19.23.

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The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 30th. Shareholders of record on Friday, December 30th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.03%.

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About Canadian Pacific Railway Limited

Canadian Pacific Railway Limited (CP), together with its subsidiaries, operates a transcontinental railway in Canada and the United States. The Company operates in rail transportation segment. The Company’s business mix includes bulk commodities, merchandise freight and intermodal traffic over a network of approximately 12,500 miles, serving the principal business centers of Canada from Montreal, Quebec, to Vancouver, British Columbia, and the United States Northeast and Midwest regions.

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