Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP) was downgraded by analysts at National Bank Financial from an “outperform” rating to a “sector perform” rating in a research report issued to clients and investors on Wednesday. They presently have a $207.00 price target on the transportation company’s stock, down from their previous price target of $219.00. National Bank Financial’s price objective indicates a potential upside of 30.06% from the stock’s current price. National Bank Financial also issued estimates for Canadian Pacific Railway Limited’s Q4 2017 earnings at $2.50 EPS, FY2017 earnings at $9.13 EPS and Q4 2018 earnings at $2.79 EPS.

A number of other research firms have also recently issued reports on CP. Morgan Stanley decreased their price objective on shares of Canadian Pacific Railway Limited from $215.00 to $214.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 25th. BidaskClub cut shares of Canadian Pacific Railway Limited from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 9th. Bank of America Corporation boosted their price objective on shares of Canadian Pacific Railway Limited from $190.00 to $193.00 and gave the company a “buy” rating in a research report on Thursday, July 20th. Wolfe Research cut shares of Canadian Pacific Railway Limited from an “outperform” rating to a “market perform” rating in a research report on Monday, August 7th. Finally, Loop Capital upgraded shares of Canadian Pacific Railway Limited from a “hold” rating to a “buy” rating in a research report on Thursday, August 24th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nineteen have issued a buy rating to the company. Canadian Pacific Railway Limited has an average rating of “Buy” and a consensus price target of $188.35.

Shares of Canadian Pacific Railway Limited (NYSE:CP) opened at 159.16 on Wednesday. The firm has a market capitalization of $23.25 billion, a P/E ratio of 18.11 and a beta of 1.09. Canadian Pacific Railway Limited has a one year low of $139.29 and a one year high of $167.52. The firm’s 50-day moving average price is $155.43 and its 200-day moving average price is $154.64.

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A number of large investors have recently bought and sold shares of the stock. Intl Fcstone Inc. bought a new stake in Canadian Pacific Railway Limited during the second quarter worth about $457,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Canadian Pacific Railway Limited in the second quarter worth approximately $240,000. Public Employees Retirement System of Ohio bought a new position in shares of Canadian Pacific Railway Limited in the second quarter worth approximately $3,136,000. Amussen Hunsaker & Associates LLC bought a new position in shares of Canadian Pacific Railway Limited in the second quarter worth approximately $2,297,000. Finally, Raymond James Financial Services Advisors Inc. lifted its stake in shares of Canadian Pacific Railway Limited by 15.0% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 5,744 shares of the transportation company’s stock worth $925,000 after buying an additional 751 shares in the last quarter. 65.89% of the stock is currently owned by institutional investors and hedge funds.

Canadian Pacific Railway Limited Company Profile

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 (NYSE:CP)

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