Canadian Pacific Railway Limited (TSE: CP) (NYSE: CP) received an average buy recommendation from the twelve brokers covering the stock, according to reports from MarketBeat.com. Three equity analysts have rated the stock with a hold rating and four with a buy rating. The average 12-month target price among analysts who rated the stock last year is $ 479.80.
Several research analysts have commented on the company. JPMorgan Chase & Co. lowered its target price for the Canadian Pacific Railway from C $ 497.00 to C $ 495.00 in a research report on Thursday, December 17th. TD Securities raised its target price for the Canadian Pacific Railway from C $ 500.00 to C $ 505.00 and gave the stock a “Buy” rating in a research report on Thursday, January 28th. The Royal Bank of Canada raised its target price for the Canadian Pacific Railway from C $ 506.00 to C $ 509.00 and rated the company as “Outperform” in a report on Thursday, January 28th. Raymond James posted an “Outperform” rating on Thursday, January 28th, and issued a report with a target price of $ 485.00 on shares in the Canadian Pacific Railway. Finally, Desjardins upgraded the Canadian Pacific Railway from a “hold” rating to a “buy” rating in a report on Thursday, Jan. 28.
CP shares opened at $ 457.54 on Thursday. The stock has a 50-day simple moving average of $ 452.95 and a 200-day simple moving average of $ 423.34. The stock has a market capitalization of $ 60.99 billion and a P / E ratio of 25.46. The Canadian Pacific Railway has a 1 year low of $ 252.00 and a 1 year high of $ 482.74. The company has a leverage ratio of 137.75, a fast rate of 0.37, and a current rate of 0.50.
With the recent approval from Health Canada, they’re about to explode
The Canadian Pacific Railway (TSE: CP) (NYSE: CP) last released its results on Wednesday January 27th. The company reported earnings of $ 5.06 per share for the quarter, beating the consensus estimate of $ 4.95 by $ 0.11. The company posted revenue of $ 2.01 billion for the quarter, compared to analyst expectations of $ 2.08 billion. Analysts predict that the Canadian Pacific Railway will post an EPS of 16.3500002 for the current year.
The company recently announced a quarterly dividend, which will be paid on Monday, April 26th. A dividend of $ 0.95 per share will be paid to registered investors on Friday, March 26th. This equates to an annual dividend of $ 3.80 and a yield of 0.83%. The ex-dividend day of this dividend is Thursday March 25th. The Canadian Pacific Railway’s payout ratio is currently 19.81%.
Profile of the Canadian Pacific Railway Company
Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental rail freight company in Canada and the United States. The company transports bulk goods such as grain, coal, potash, fertilizers and sulfur. and cargo freight such as energy, chemicals and plastics, metals, minerals, and consumer, automotive and forestry products.
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