Canadian Pacific Railway Limite with ticker code (CP) have now 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 91.6 and 76.6 calculating the average target price we see 83.13. Given that the stocks previous close was at 68.83 this would indicate that there is a potential upside of 20.8%. The 50 day moving average now sits at 75.72 and the 200 moving average now moves to 73.17. The company has a market capitalisation of $64,686m. Visit the company website at: https://www.cpr.ca
The potential market cap would be $78,125m 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.
