A statement released earlier today by RBC Capital Markets about Canadian Pacific Railway Limited (TSE:CP) bumps the target price to $226.00
- Updated: April 20, 2017
Canadian Pacific Railway Limited (TSE:CP) had its stock price target increased to $226.00 by RBC Capital Markets in an issued report issued 04/20/2017. The upped price target suggests a potential upside of 0.09% from the company's most recent stock price close.
On Thursday April 06, 2017, CSFB released a statement for Canadian Pacific Railway Limited (TSE:CP) bumped up the target price from $225.00 to $229.00 that suggested an upside of 0.14%.
Boasting a price of $207.55, Canadian Pacific Railway Limited (TSE:CP) traded 2.59% higher on the day. With the last stock price close up 5.11% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Canadian Pacific Railway Limited has recorded a 50-day average of $198.45 and a two hundred day average of $197.19. Volume of trade was up over the average, with 638,014 shares of CP changing hands over the typical 369,885
With a total market value of $0, Canadian Pacific Railway Limited has price-earnings ratio of 19.50 with a one year low of $156.01 and a one year high of $210.46 .
A total of 22 equity analysts have released a research note on CP. Three equity analysts rating the company a strong buy, eleven equity analysts rating the company a buy, six equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $168.66.
Brief Synopsis About Canadian Pacific Railway Limited (TSE:CP)
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. Its railway feeds directly into the United States heartland from the east and west coasts. Its Bulk commodities include grain, coal, potash, fertilizers and sulfur. Its Merchandise freight consists of finished vehicles and machinery, as well as forest and industrial and consumer products. Its Intermodal traffic consists of retail goods in overseas containers that can be transported by train, ship and truck and in domestic containers and trailers that can be moved by train and truck. Its subsidiaries include Canadian Pacific Railway Company, Soo Line Railroad Company, Delaware and Hudson Railway Company, Inc. and Mount Stephen Properties Inc.
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