Canadian Pacific Railway Limite with ticker code (CP) have now 22 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 389.35 and 318.1 with a mean TP of 346.75. Given that the stocks previous close was at 326.19 this would indicate that there is a potential upside of 6.3%. The 50 day moving average now sits at 321.22 and the 200 day moving average is 286.3. The company has a market capitalisation of $43,841m. Company Website: http://www.cpr.ca
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 energy, chemicals and plastics, metals, minerals and consumer, automotive, and forest products. It also transports intermodal traffic comprising retail goods in overseas containers. The company offers rail and intermodal transportation services through a network of approximately 12,700 miles serving business centers in Quebec and British Columbia, Canada; and the United States Northeast and Midwest regions. Canadian Pacific Railway Limited was founded in 1881 and is headquartered in Calgary, Canada.