Canadian Pacific (NYSE:CP) has been downgraded from Buy to Hold in a report by Loop Capital today.
- Updated: April 21, 2017
Yesterday Canadian Pacific (NYSE:CP) traded 2.60% higher at $153.78. The company’s 50-day moving average is $148.48 and its 200-day moving average is $148.34. The last closing price is up 3.67% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 1,636,366 shares of the stock were exchanged, up from an avg. volume of 714,934
Loop Capital has downgraded Canadian Pacific (NYSE:CP) from Buy to Hold in a report released on 4/21/2017.
Previously on 04/10/2017, Credit Suisse reported on Canadian Pacific (NYSE:CP) increased the target price from $0.00 to $171.00. At the time, this indicated a possible upside of 0.12%.
Recent Performance Chart
Canadian Pacific has PE ratio of 19.41 with a one year low of $119.50 and a one year high of $157.34 and has a market capitalization of $0.
A total of 22 brokerages have issued a ratings update on Canadian Pacific. Seven brokerages rating the company a strong buy, ten brokerages rating the company a buy, seven brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $147.41.
General Company Details For Canadian Pacific (NYSE: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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