Canadian Pacific Railway Limited (NYSE:CP)‘s stock had its “neutral” rating reiterated by Zacks in a note issued to investors on Friday, Stock Ratings News reports. They currently have a $136.00 price target on the stock. Zacks‘ target price would suggest a potential upside of 5.21% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse upgraded shares of Canadian Pacific Railway Limited from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, August 22nd. They now have a $144.00 price target on the stock, up previously from $139.00. Separately, analysts at RBC Capital reiterated an “underperform” rating on shares of Canadian Pacific Railway Limited in a research note to investors on Thursday, July 25th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $123.13.
Canadian Pacific Railway Limited (NYSE:CP) traded up 0.94% on Friday, hitting $130.48. The stock had a trading volume of 283,964 shares. Canadian Pacific Railway Limited has a 1-year low of $86.33 and a 1-year high of $139.99. The stock’s 50-day moving average is $125. and its 200-day moving average is $124.9. The company has a market cap of $22.850 billion and a P/E ratio of 31.41.
Canadian Pacific Railway Limited (NYSE:CP) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $1.43 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.51 by $0.08. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter last year, the company posted $0.60 earnings per share. Canadian Pacific Railway Limited’s revenue was up 9.6% compared to the same quarter last year. Analysts expect that Canadian Pacific Railway Limited will post $6.18 EPS for the current fiscal year.
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.
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