Canadian Pacific (NYSE:CP) “Buy” Rating Maintained Today By Seaport Global; The TP Given is $205.0000

June 26, 2018 - By Michael Collier

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Canadian Pacific (NYSE:CP) Rating Reaffirmed

Recently, In a research report issued to investors and clients on 22 June, Canadian Pacific (NYSE:CP) shares have had their “Buy” Rating restate by equity analysts at Seaport Global, who currently has a $205.0000 target price per share on firm. This target by Seaport Global would indicate the possibile upside of 13.34 % from the last close price.

Canadian Pacific Railway Limited (NYSE:CP) Ratings Coverage

Among 7 analysts covering Canadian Pacific (NYSE:CP), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Canadian Pacific has $243 highest and $19100 lowest target. $205’s average target is 13.34% above currents $180.87 stock price. Canadian Pacific had 9 analyst reports since January 16, 2018 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, May 24 by Stifel Nicolaus. The stock has “Hold” rating by Susquehanna on Monday, April 2. The firm earned “Buy” rating on Friday, June 22 by Seaport Global. The stock has “Buy” rating by Cowen & Co on Wednesday, February 28. As per Tuesday, January 16, the company rating was maintained by Susquehanna. The firm has “Buy” rating given on Thursday, March 8 by Credit Suisse. The firm has “Overweight” rating by Morgan Stanley given on Friday, April 6. Credit Suisse maintained Canadian Pacific Railway Limited (NYSE:CP) rating on Thursday, April 19. Credit Suisse has “Outperform” rating and $208 target. The firm has “Buy” rating by Goldman Sachs given on Tuesday, February 13.

The stock decreased 3.52% or $6.6 during the last trading session, reaching $180.87. About 730,129 shares traded or 33.47% up from the average. Canadian Pacific Railway Limited (NYSE:CP) has risen 16.90% since June 26, 2017 and is uptrending. It has outperformed by 4.33% the S&P500.

Analysts await Canadian Pacific Railway Limited (NYSE:CP) to report earnings on July, 18. They expect $2.47 EPS, up 19.90 % or $0.41 from last year’s $2.06 per share. CP’s profit will be $362.38M for 18.31 P/E if the $2.47 EPS becomes a reality. After $2.13 actual EPS reported by Canadian Pacific Railway Limited for the previous quarter, Wall Street now forecasts 15.96 % EPS growth.

Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The company has market cap of $26.54 billion. The firm transports bulk commodities, including grain, coal, potash, fertilizers, and Sulphur; and merchandise freight, such as finished vehicles and machinery, automotive parts, chemicals and plastics, crude, and metals and minerals, as well as forest and industrial, and consumer products. It has a 15.08 P/E ratio. It also transports intermodal traffic comprising retail goods in overseas containers that can be transported by train, ship, and truck, as well as in domestic containers and trailers that can be moved by train and truck.

More recent Canadian Pacific Railway Limited (NYSE:CP) news were published by: Seekingalpha.com which released: “Canada’s big two railroads to overhaul grain hopper fleets” on June 07, 2018. Also Fool.ca published the news titled: “3 Under-the-Radar Dividend Stocks for Your RRSP” on June 19, 2018. Seekingalpha.com‘s news article titled: “Union strike notice from Canadian Pacific” with publication date: May 28, 2018 was also an interesting one.

Canadian Pacific Railway Limited (NYSE:CP) Ratings Chart

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