Canadian Pacific Railway (TSE:CP) (NYSE:CP) had its price target boosted by research analysts at National Bank Financial from C$266.00 to C$286.00 in a research note issued to investors on Friday. The brokerage presently has a “sector perform” rating on the stock. National Bank Financial’s price target indicates a potential upside of 4.47% from the stock’s current price.

Other equities analysts also recently issued research reports about the company. TD Securities boosted their target price on Canadian Pacific Railway from C$265.00 to C$270.00 and gave the company a “c$254.60” rating in a research report on Thursday, July 19th. BMO Capital Markets boosted their target price on Canadian Pacific Railway from C$270.00 to C$295.00 in a research report on Wednesday. Raymond James boosted their target price on Canadian Pacific Railway from C$275.00 to C$285.00 and gave the company a “c$254.60” rating in a research report on Thursday, July 19th. Royal Bank of Canada boosted their target price on Canadian Pacific Railway from C$272.00 to C$274.00 and gave the company a “c$254.60” rating in a research report on Thursday, July 19th. Finally, Desjardins boosted their target price on Canadian Pacific Railway from C$259.00 to C$274.00 and gave the company a “c$254.60” rating in a research report on Thursday, July 19th. One investment analyst has rated the stock with a hold rating and two have issued a buy rating to the stock. Canadian Pacific Railway presently has a consensus rating of “Buy” and a consensus price target of C$266.20.

TSE:CP opened at C$273.75 on Friday. Canadian Pacific Railway has a 1 year low of C$191.50 and a 1 year high of C$277.25.

Canadian Pacific Railway (TSE:CP) (NYSE:CP) last released its quarterly earnings data on Wednesday, July 18th. The company reported C$3.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$3.12 by C$0.04. Canadian Pacific Railway had a return on equity of 101.93% and a net margin of 89.03%. The business had revenue of C$1.75 billion for the quarter, compared to the consensus estimate of C$1.74 billion.

In related news, insider Justin Dale Meyer sold 1,464 shares of the business’s stock in a transaction on Thursday, August 30th. The stock was sold at an average price of C$267.10, for a total transaction of C$391,034.40. Also, insider Laird Joseph Pitz sold 700 shares of the business’s stock in a transaction on Monday, August 27th. The shares were sold at an average price of C$269.66, for a total value of C$188,762.00. In the last 90 days, insiders have sold 2,264 shares of company stock valued at $605,070.

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 transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; and merchandise freight, such as finished vehicles and machineries, automotive parts, chemicals and plastics, petroleum and crude products, and metals and minerals, as well as forest, industrial, and consumer products.

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