What’s Canadian Pacific Railway Limited Upside After Today’s Huge Increase?

 What's Canadian Pacific Railway Limited Upside After Today's Huge Increase?

The stock of Canadian Pacific Railway Limited (TSE:CP) is a huge mover today! About 54,735 shares traded hands. Canadian Pacific Railway Limited (TSE:CP) has risen 9.63% since April 1, 2016 and is uptrending. It has outperformed by 7.67% the S&P500.
The move comes after 6 months positive chart setup for the $27.70 billion company. It was reported on Nov, 7 by Barchart.com. We have $234.46 PT which if reached, will make TSE:CP worth $6.09B more.

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 3.15% above today’s ($192.18) stock price. Canadian Pacific Railway Limited has been the topic of 26 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock of Canadian Pacific Railway Limited (TSE:CP) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, December 9. The company was upgraded on Wednesday, July 22 by Canaccord Genuity. National Bank Canada maintained the stock with “Outperform” rating in Thursday, November 19 report.

More important recent Canadian Pacific Railway Limited (TSE:CP) news were published by: Fool.ca which released: “Canadian Pacific Railway Limited Versus Canadian National Railway Company” on November 04, 2016, also Wsj.com published article titled: “Canadian Pacific Railway Results Miss Expectations”, Fool.ca published: “Can Canadian Pacific Railway Limited Stay on Track?” on October 27, 2016. More interesting news about Canadian Pacific Railway Limited (TSE:CP) was released by: Blogs.Wsj.com and their article: “CFO Moves: Canadian Pacific Railway, Myers Industries” with publication date: October 20, 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 $27.70 billion. The Firm operates in rail transportation segment. It has a 19.08 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