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Raymond James Financial Inc. downgraded Canadian Pacific Railway Limited (USA) (NYSE:CP) to Outperform in a report released today.

Raymond James Financial Inc. has downgraded Canadian Pacific Railway Limited (USA) (NYSE:CP) to Outperform in a report released on Monday October 17, 2016.

Just yesterday Canadian Pacific Railway Limited (USA) (NYSE:CP) traded -0.13% lower at $150.68. Canadian Pacific Railway Limited (USA)’s 50-day moving average is $150.91 and its 200-day moving average is $141.54. The last stock price is up 6.34% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 265,455 shares of CP traded hands, down from an avg. volume of 743,437

Performance Chart

Canadian Pacific Railway Limited (USA) (NYSE:CP)

With a total market value of $0, Canadian Pacific Railway Limited (USA) has price-earnings ratio of 20.37 with a one year low of $97.09 and a one year high of $157.34 .

A total of 22 equity analysts have released a ratings update on CP. Seven equity analysts rating the company a strong buy, ten equity analysts rating the company a buy, seven equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $147.41.

Brief Synopsis About Canadian Pacific Railway Limited (USA) (NYSE:CP)

Canadian Pacific Railway Limited (CP), together with its subsidiaries, operates a transcontinental railway in Canada and the United States. The Company operates in rail transportation segment. The Company's business mix includes bulk commodities, merchandise freight and intermodal traffic over a network of approximately 12,500 miles, serving the principal business centers of Canada from Montreal, Quebec, to Vancouver, British Columbia, and the United States Northeast and Midwest regions. The Company transports bulk commodities, merchandise freight and intermodal traffic. Bulk commodities include Canadian grain, U.S. grain, coal, potash, and fertilizers and sulfur. Merchandise freight consists of finished vehicles and automotive parts, as well as forest and industrial and consumer products. 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.

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