TD Securities Boosts Canadian Pacific Railway (CP) Price Target to C$250.00
Canadian Pacific Railway (TSE:CP) (NYSE:CP) had its price target upped by TD Securities from C$240.00 to C$250.00 in a research note published on Friday morning. They currently have a hold rating on the stock.
Other analysts also recently issued research reports about the company. BMO Capital Markets reissued an outperform rating and issued a C$245.00 price objective on shares of Canadian Pacific Railway in a research note on Thursday, November 9th. Raymond James Financial boosted their price objective on Canadian Pacific Railway from C$230.00 to C$245.00 in a research note on Thursday, October 19th. JPMorgan Chase & Co. boosted their price objective on Canadian Pacific Railway from C$262.00 to C$265.00 in a research note on Wednesday, October 18th. Macquarie set a C$250.00 price objective on Canadian Pacific Railway and gave the stock an outperform rating in a research note on Friday, January 12th. Finally, UBS Group dropped their price objective on Canadian Pacific Railway from C$270.00 to C$266.00 in a research note on Friday. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Canadian Pacific Railway currently has an average rating of Buy and a consensus price target of C$249.54.
Shares of Canadian Pacific Railway (TSE CP) opened at C$231.66 on Friday. Canadian Pacific Railway has a 12 month low of C$189.57 and a 12 month high of C$234.97. The company has a market capitalization of $33,580.00, a price-to-earnings ratio of 14.07 and a beta of 0.84.
In other news, insider John Kenneth Brooks sold 600 shares of the business’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of C$229.35, for a total transaction of C$137,610.00.
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Canadian Pacific Railway 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.
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