BMO Capital Markets restated their outperform rating on shares of Canadian Pacific Railway Limited (TSE:CP) (NYSE:CP) in a report released on Thursday morning. BMO Capital Markets currently has a C$245.00 price target on the stock.

Several other analysts have also weighed in on the stock. Raymond James Financial, Inc. raised their price objective on shares of Canadian Pacific Railway Limited from C$230.00 to C$245.00 in a report on Thursday, October 19th. Desjardins raised their price objective on shares of Canadian Pacific Railway Limited from C$230.00 to C$254.00 and gave the stock a buy rating in a report on Wednesday, October 18th. J P Morgan Chase & Co raised their price objective on shares of Canadian Pacific Railway Limited from C$262.00 to C$265.00 in a report on Wednesday, October 18th. TD Securities raised their price objective on shares of Canadian Pacific Railway Limited from C$220.00 to C$225.00 in a report on Wednesday, October 18th. Finally, National Bank Financial raised their price objective on shares of Canadian Pacific Railway Limited from C$207.00 to C$226.00 and gave the stock a sector perform rating in a report on Wednesday, October 18th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company has an average rating of Buy and a consensus target price of C$230.67.

Shares of Canadian Pacific Railway Limited (TSE:CP) opened at C$222.23 on Thursday. Canadian Pacific Railway Limited has a fifty-two week low of C$188.36 and a fifty-two week high of C$225.84.

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In other Canadian Pacific Railway Limited news, insider Laird Joseph Pitz sold 609 shares of the firm’s stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of C$157.51, for a total value of C$95,923.59. Also, insider Steven Nettleton sold 436 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of C$155.68, for a total transaction of C$67,876.48. Insiders have sold 1,195 shares of company stock worth $187,005 over the last three months.

Canadian Pacific Railway Limited Company Profile

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 Limited (TSE:CP)

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