Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP) has earned a consensus recommendation of “Buy” from the twenty brokerages that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and fifteen 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 $195.00.

Several analysts have recently weighed in on CP shares. BidaskClub downgraded shares of Canadian Pacific Railway from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 9th. Stifel Nicolaus reissued a “buy” rating and set a $184.00 price objective on shares of Canadian Pacific Railway in a report on Wednesday, August 16th. Loop Capital raised shares of Canadian Pacific Railway from a “hold” rating to a “buy” rating in a report on Thursday, August 24th. They noted that the move was a valuation call. Zacks Investment Research downgraded shares of Canadian Pacific Railway from a “buy” rating to a “hold” rating in a report on Monday, September 11th. Finally, National Bank Financial downgraded shares of Canadian Pacific Railway from an “outperform” rating to a “sector perform” rating and decreased their price objective for the stock from $219.00 to $207.00 in a report on Wednesday, September 13th.

Several large investors have recently bought and sold shares of the company. MML Investors Services LLC raised its position in shares of Canadian Pacific Railway by 1.1% in the second quarter. MML Investors Services LLC now owns 2,870 shares of the transportation company’s stock valued at $462,000 after buying an additional 32 shares during the last quarter. Blair William & Co. IL increased its position in Canadian Pacific Railway by 0.6% during the second quarter. Blair William & Co. IL now owns 15,366 shares of the transportation company’s stock worth $2,471,000 after purchasing an additional 85 shares during the last quarter. Canada Pension Plan Investment Board increased its position in Canadian Pacific Railway by 0.3% during the second quarter. Canada Pension Plan Investment Board now owns 29,800 shares of the transportation company’s stock worth $4,788,000 after purchasing an additional 100 shares during the last quarter. Parallel Advisors LLC increased its position in Canadian Pacific Railway by 13.0% during the second quarter. Parallel Advisors LLC now owns 983 shares of the transportation company’s stock worth $154,000 after purchasing an additional 113 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its position in Canadian Pacific Railway by 1.3% during the second quarter. Advisors Asset Management Inc. now owns 11,507 shares of the transportation company’s stock worth $1,850,000 after purchasing an additional 151 shares during the last quarter. 67.56% of the stock is owned by institutional investors and hedge funds.

Shares of Canadian Pacific Railway (NYSE:CP) opened at $175.10 on Thursday. The firm has a market cap of $25,304.02, a PE ratio of 20.42, a PEG ratio of 1.66 and a beta of 1.20. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.33. Canadian Pacific Railway has a fifty-two week low of $141.32 and a fifty-two week high of $180.34.

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 29th. Shareholders of record on Friday, December 29th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, December 28th. Canadian Pacific Railway’s dividend payout ratio (DPR) is presently 18.62%.

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Canadian Pacific Railway Company Profile

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.

Analyst Recommendations for Canadian Pacific Railway (NYSE:CP)

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