Canadian Pacific Railway Limited (TSE:CP) (NYSE:CP)‘s stock had its “outperform” rating reaffirmed by equities research analysts at BMO Capital Markets in a report released on Thursday. They presently have a C$245.00 price objective on the stock. BMO Capital Markets’ price objective indicates a potential upside of 10.25% from the stock’s previous close.

CP has been the topic of several other research reports. CIBC increased their price target on Canadian Pacific Railway Limited from C$222.00 to C$233.00 in a report on Tuesday, September 26th. Desjardins increased their price target on Canadian Pacific Railway Limited from C$230.00 to C$254.00 and gave the company a “buy” rating in a report on Wednesday, October 18th. National Bank Financial increased their price target on Canadian Pacific Railway Limited from C$207.00 to C$226.00 and gave the company a “sector perform” rating in a report on Wednesday, October 18th. Scotiabank increased their price target on Canadian Pacific Railway Limited from C$220.00 to C$230.00 and gave the company an “outperform” rating in a report on Wednesday, October 18th. Finally, TD Securities increased their price target on Canadian Pacific Railway Limited from C$220.00 to C$225.00 in a report on Wednesday, October 18th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of C$230.67.

Shares of Canadian Pacific Railway Limited (TSE CP) opened at C$222.23 on Thursday. Canadian Pacific Railway Limited has a twelve month low of C$188.36 and a twelve month high of C$225.84.

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In other news, insider Steven Nettleton sold 436 shares of the firm’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of C$155.68, for a total transaction of C$67,876.48. Also, insider Laird Joseph Pitz sold 609 shares of the firm’s stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of C$157.51, for a total value of C$95,923.59. In the last 90 days, insiders have sold 1,195 shares of company stock worth $187,005.

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)

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