Could Canadian Pacific Railway Limited Recover After Today’s Huge Decline?

 Could Canadian Pacific Railway Limited Recover After Today's Huge Decline?

The stock of Canadian Pacific Railway Limited (TSE:CP) is a huge mover today! About 264,184 shares traded hands. Canadian Pacific Railway Limited (TSE:CP) has risen 14.96% since March 14, 2016 and is uptrending. It has outperformed by 9.41% the S&P500.
The move comes after 9 months negative chart setup for the $30.02B company. It was reported on Oct, 19 by Barchart.com. We have $188.36 PT which if reached, will make TSE:CP worth $1.80 billion less.

Canadian Pacific Railway Limited (TSE:CP) Ratings Coverage

Out of 10 analysts covering Canadian Pacific Railway Limited (TSE:CP), 8 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 80% are positive. Canadian Pacific Railway Limited has been the topic of 24 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, July 22. National Bank Canada maintained Canadian Pacific Railway Limited (TSE:CP) on Thursday, November 19 with “Outperform” rating. The company was maintained on Wednesday, December 9 by RBC Capital Markets.

More notable recent Canadian Pacific Railway Limited (TSE:CP) news were published by: Rttnews.com which released: “Canadian Pacific Railway Appoints Nadeem Velani As VP And CFO” on October 19, 2016, also Zacks.com with their article: “Why Earnings Season Could Be Great for Canadian Pacific Railway (CP)” published on October 17, 2016, Seekingalpha.com published: “Canadian Pacific: Pride Before The Fall” on October 14, 2016. More interesting news about Canadian Pacific Railway Limited (TSE:CP) were released by: Fool.ca and their article: “Canadian Pacific Railway Limited: Has the Stock Peaked?” published on September 28, 2016 as well as Forbes.com‘s news article titled: “Canadian Pacific Railway About To Put More Money In Your Pocket (CP)” with publication date: September 26, 2016.

Canadian Pacific Railway Limited , together with its subsidiaries, operates a transcontinental railway in Canada and the United States. The company has a market cap of $30.02 billion. The Firm operates in rail transportation segment. It has a 20.51 P/E ratio. 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.

CP.TO Company Profile

Canadian Pacific Railway Limited (CP), incorporated on October 1, 2001, together with its subsidiaries, operates a transcontinental railway in Canada and the United States. The Firm 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 Firm transports bulk commodities, merchandise freight and intermodal traffic. Bulk commodities include Canadian grain, United States 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags:

Related posts

Leave a Comment