Canadian Pacific Railway Limite with ticker code (CP) have now 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 91.6 and 76.6 calculating the mean target price we have 83.13. Given that the stocks previous close was at 73.92 this is indicating there is a potential upside of 12.5%. There is a 50 day moving average of 72.95 and the 200 moving average now moves to 73.98. The company has a market capitalisation of $69,459m. Visit the company website at: https://www.cpr.ca
The potential market cap would be $78,113m based on the market concensus.
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 13,000 miles serving business centers in Quebec and British Columbia, Canada; and the United States Northeast and Midwest regions. Canadian Pacific Railway Limited was incorporated in 1881 and is headquartered in Calgary, Canada.