Canadian Pacific Railway Limited (TSE:CP) (NYSE:CP) had its price objective boosted by Raymond James Financial, Inc. from C$230.00 to C$245.00 in a report released on Thursday.

A number of other equities analysts have also recently commented on the company. Desjardins lifted their price target on Canadian Pacific Railway Limited from C$230.00 to C$254.00 and gave the stock a buy rating in a report on Wednesday, October 18th. J P Morgan Chase & Co lifted their price target on Canadian Pacific Railway Limited from C$262.00 to C$265.00 in a report on Wednesday, October 18th. TD Securities lifted their price target on Canadian Pacific Railway Limited from C$220.00 to C$225.00 in a report on Wednesday, October 18th. BMO Capital Markets reiterated an outperform rating and set a C$238.00 price target on shares of Canadian Pacific Railway Limited in a report on Wednesday, October 18th. Finally, National Bank Financial lifted their price target on Canadian Pacific Railway Limited from C$207.00 to C$226.00 and gave the stock a sector perform rating in a report on Wednesday, October 18th. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock presently has an average rating of Buy and a consensus price target of C$225.08.

Canadian Pacific Railway Limited (CP) opened at 224.16 on Thursday. The company’s 50 day moving average price is $204.63 and its 200 day moving average price is $204.79. The firm has a market cap of $32.62 billion and a PE ratio of 18.21. Canadian Pacific Railway Limited has a 52-week low of $186.21 and a 52-week high of $225.59.

TRADEMARK VIOLATION WARNING: This piece of content was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/10/23/canadian-pacific-railway-limited-cp-price-target-raised-to-c245-00-at-raymond-james-financial-inc.html.

In other news, insider Steven Nettleton sold 436 shares of Canadian Pacific Railway Limited 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 value of C$67,876.48. Also, insider Laird Joseph Pitz sold 609 shares of Canadian Pacific Railway Limited 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. Insiders have sold 1,250 shares of company stock valued at $197,881 over the last 90 days.

About Canadian Pacific Railway Limited

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)

Receive News & Stock Ratings for Canadian Pacific Railway Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Pacific Railway Limited and related stocks with our FREE daily email newsletter.