Canadian Pacific Railway (TSE:CP) (NYSE:CP) had its target price hoisted by National Bank Financial from C$248.00 to C$250.00 in a report issued on Tuesday morning. National Bank Financial currently has a sector perform rating on the stock. National Bank Financial also issued estimates for Canadian Pacific Railway’s Q1 2018 earnings at $2.67 EPS, Q2 2018 earnings at $3.12 EPS, Q3 2018 earnings at $3.26 EPS, Q4 2018 earnings at $3.58 EPS, FY2018 earnings at $12.63 EPS and FY2019 earnings at $13.87 EPS.

A number of other equities research analysts also recently commented on CP. TD Securities raised their price objective on shares of Canadian Pacific Railway from C$240.00 to C$250.00 and gave the company a hold rating in a research report on Friday, January 19th. UBS reduced their price objective on shares of Canadian Pacific Railway from C$270.00 to C$266.00 in a research report on Friday, January 19th. BMO Capital Markets set a C$254.00 price objective on shares of Canadian Pacific Railway and gave the company an outperform rating in a research report on Friday, January 19th. Macquarie set a C$250.00 price objective on shares of Canadian Pacific Railway and gave the company an outperform rating in a research report on Friday, January 12th. Finally, Morgan Stanley raised their price objective on shares of Canadian Pacific Railway from C$228.00 to C$248.00 in a research report on Monday, January 22nd. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Canadian Pacific Railway currently has an average rating of Buy and an average target price of C$249.69.

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Canadian Pacific Railway (TSE:CP) opened at C$223.83 on Tuesday. Canadian Pacific Railway has a twelve month low of C$189.57 and a twelve month high of C$240.40. The stock has a market capitalization of $33,380.00, a PE ratio of 11.09 and a beta of 0.67.

Canadian Pacific Railway (TSE:CP) (NYSE:CP) last announced its quarterly earnings data on Thursday, January 18th. The company reported C$3.22 EPS for the quarter, beating the Zacks’ consensus estimate of C$3.20 by C$0.02. The firm had revenue of C$1.71 billion during the quarter, compared to the consensus estimate of C$1.71 billion. Canadian Pacific Railway had a net margin of 89.03% and a return on equity of 101.93%.

The business also recently declared a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Friday, March 23rd will be given a dividend of $0.5625 per share. The ex-dividend date is Thursday, March 22nd. This represents a $2.25 dividend on an annualized basis and a dividend yield of 1.01%. Canadian Pacific Railway’s payout ratio is 10.84%.

In other news, insider James Dominic Luther Clements sold 1,000 shares of Canadian Pacific Railway stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of C$230.21, for a total transaction of C$230,210.00.

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About Canadian Pacific Railway

Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The Company operates through rail transportation segment. The Company’s transports bulk commodities, merchandise freight, and intermodal traffic over a network of approximately 12,400 miles.

Analyst Recommendations for Canadian Pacific Railway (TSE:CP)

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