Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP) – Equities research analysts at National Bank Financial boosted their Q1 2018 earnings per share estimates for shares of Canadian Pacific Railway Limited in a research note issued on Tuesday. National Bank Financial analyst C. Doerksen now anticipates that the transportation company will earn $2.32 per share for the quarter, up from their previous forecast of $2.28. National Bank Financial currently has a “Sector Perform” rating and a $207.00 price target on the stock. National Bank Financial also issued estimates for Canadian Pacific Railway Limited’s FY2019 earnings at $10.66 EPS.

Other analysts also recently issued reports about the company. Zacks Investment Research raised Canadian Pacific Railway Limited from a “hold” rating to a “buy” rating and set a $181.00 target price for the company in a research report on Wednesday, July 12th. Stifel Nicolaus raised their target price on Canadian Pacific Railway Limited from $167.00 to $184.00 and gave the stock a “buy” rating in a research report on Tuesday, July 11th. BidaskClub raised Canadian Pacific Railway Limited from a “hold” rating to a “buy” rating in a research report on Saturday, July 1st. Bank of America Corporation raised their target price on Canadian Pacific Railway Limited from $190.00 to $193.00 and gave the stock a “buy” rating in a research report on Thursday, July 20th. Finally, Cowen and Company reissued a “buy” rating and issued a $172.00 target price on shares of Canadian Pacific Railway Limited in a research report on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eighteen have given a buy rating to the stock. Canadian Pacific Railway Limited has an average rating of “Buy” and a consensus price target of $191.40.

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Shares of Canadian Pacific Railway Limited (NYSE CP) traded up 0.37% during midday trading on Friday, hitting $177.65. 301,115 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $164.64 and its 200-day moving average is $158.18. Canadian Pacific Railway Limited has a 1-year low of $139.29 and a 1-year high of $179.17. The stock has a market cap of $25.95 billion, a PE ratio of 19.38 and a beta of 1.11.

A number of large investors have recently bought and sold shares of the stock. Eqis Capital Management Inc. bought a new stake in Canadian Pacific Railway Limited during the third quarter valued at $1,016,000. Intl Fcstone Inc. bought a new stake in Canadian Pacific Railway Limited during the second quarter valued at $457,000. Dynamic Technology Lab Private Ltd bought a new stake in Canadian Pacific Railway Limited during the second quarter valued at $240,000. Public Employees Retirement System of Ohio bought a new stake in Canadian Pacific Railway Limited during the second quarter valued at $3,136,000. Finally, Amussen Hunsaker & Associates LLC bought a new stake in Canadian Pacific Railway Limited during the second quarter valued at $2,297,000. 65.93% of the stock is owned by institutional investors.

About Canadian Pacific Railway Limited

Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The Company operates through rail transportation segment. The Company’s transports bulk commodities, merchandise freight, and intermodal traffic over a network of approximately 12,400 miles.

Earnings History and Estimates for Canadian Pacific Railway Limited (NYSE:CP)

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