What Will Happen to Canadian Pacific Railway Limited Next? The Stock Just Declined A Lot

 What Will Happen to Canadian Pacific Railway Limited Next? The Stock Just Declined A Lot

The stock of Canadian Pacific Railway Limited (TSE:CP) is a huge mover today! About 130,041 shares traded hands. Canadian Pacific Railway Limited (TSE:CP) has risen 13.32% since March 28, 2016 and is uptrending. It has outperformed by 10.31% the S&P500.
The move comes after 5 months negative chart setup for the $27.42B company. It was reported on Nov, 1 by Barchart.com. We have $175.42 PT which if reached, will make TSE:CP worth $1.92B less.

Canadian Pacific Railway Limited (TSE:CP) Ratings Coverage

Out of 9 analysts covering Canadian Pacific Railway Limited (TSE:CP), 7 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 78% are positive. $232 is the highest target while $129 is the lowest. The $198.23 average target is 5.09% above today’s ($188.62) stock price. Canadian Pacific Railway Limited has been the topic of 26 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating by National Bank Canada given on Thursday, November 19. The rating was maintained by RBC Capital Markets on Wednesday, December 9 with “Sector Perform”. The rating was upgraded by Canaccord Genuity to “Buy” on Wednesday, July 22.

More recent Canadian Pacific Railway Limited (TSE:CP) news were published by: Fool.ca which released: “Can Canadian Pacific Railway Limited Stay on Track?” on October 27, 2016. Also Wsj.com published the news titled: “Canadian Pacific Railway Results Miss Expectations” on October 19, 2016. Streetinsider.com‘s news article titled: “UPDATE: Seaport Global Securities Starts Canadian Pacific Railway Limited (CP …” with publication date: October 24, 2016 was also an interesting one.

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 $27.42 billion. The Firm operates in rail transportation segment. It has a 18.73 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.

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