Canadian Pacific Railway Limited (TSE:CP) (NYSE:CP)‘s stock had its “outperform” rating reissued by BMO Capital Markets in a report issued on Wednesday. They currently have a C$238.00 price objective on the stock. BMO Capital Markets’ target price would suggest a potential upside of 13.51% from the stock’s current price.

Several other brokerages have also recently commented on CP. National Bank Financial increased their price target on shares of Canadian Pacific Railway Limited from C$207.00 to C$226.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Scotiabank increased their price target on shares of Canadian Pacific Railway Limited from C$220.00 to C$230.00 and gave the stock an “outperform” rating in a research report on Wednesday. CIBC increased their price target on shares of Canadian Pacific Railway Limited from C$222.00 to C$233.00 in a research report on Tuesday, September 26th. Finally, Royal Bank Of Canada increased their price target on shares of Canadian Pacific Railway Limited from C$227.00 to C$229.00 and gave the stock an “outperform” rating in a research report on Thursday, July 20th. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of C$223.92.

Canadian Pacific Railway Limited (TSE:CP) traded up 5.24% during mid-day trading on Wednesday, hitting $220.66. The stock had a trading volume of 900,345 shares. Canadian Pacific Railway Limited has a 12-month low of $186.21 and a 12-month high of $222.19. The firm has a market cap of $32.23 billion and a PE ratio of 19.80. The company has a 50-day moving average of $201.32 and a 200-day moving average of $204.15.

Canadian Pacific Railway Limited (TSE:CP) (NYSE:CP) last announced its earnings results on Wednesday, July 19th. The company reported C$2.77 earnings per share for the quarter, beating the consensus estimate of C$2.69 by C$0.08. The company had revenue of C$1.64 billion during the quarter, compared to the consensus estimate of C$1.62 billion. Canadian Pacific Railway Limited had a return on equity of 37.13% and a net margin of 29.21%. Analysts expect that Canadian Pacific Railway Limited will post $11.43 earnings per share for the current year.

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In related news, insider Laird Joseph Pitz sold 609 shares of the firm’s stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of C$157.51, for a total transaction of C$95,923.59. Also, insider Steven Nettleton sold 436 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of C$155.68, for a total transaction of C$67,876.48. In the last ninety days, insiders have sold 1,250 shares of company stock worth $197,881.

Canadian Pacific Railway Limited 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 Limited (TSE:CP)

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