Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP) – Seaport Global Securities decreased their FY2018 EPS estimates for shares of Canadian Pacific Railway Limited in a report issued on Wednesday. Seaport Global Securities analyst M. Levin now expects that the transportation company will post earnings of $10.27 per share for the year, down from their prior estimate of $10.36. Seaport Global Securities also issued estimates for Canadian Pacific Railway Limited’s FY2019 earnings at $11.67 EPS.

CP has been the topic of a number of other research reports. Wells Fargo & Co reaffirmed an “outperform” rating and set a $180.00 target price (up previously from $175.00) on shares of Canadian Pacific Railway Limited in a research note on Saturday, July 22nd. National Bank Financial lowered shares of Canadian Pacific Railway Limited from an “outperform” rating to a “sector perform” rating and cut their target price for the company from $219.00 to $207.00 in a research note on Wednesday, September 13th. BidaskClub raised shares of Canadian Pacific Railway Limited from a “hold” rating to a “buy” rating in a research note on Saturday, July 1st. Zacks Investment Research lowered shares of Canadian Pacific Railway Limited from a “buy” rating to a “hold” rating in a research note on Monday, September 11th. Finally, Morgan Stanley cut their target price on shares of Canadian Pacific Railway Limited from $215.00 to $214.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 25th. One analyst has rated the stock with a sell rating, five have given a hold rating and eighteen have issued a buy rating to the company. Canadian Pacific Railway Limited presently has a consensus rating of “Buy” and an average target price of $191.40.

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Shares of Canadian Pacific Railway Limited (NYSE CP) traded up 0.34% during mid-day trading on Thursday, reaching $177.61. 385,423 shares of the company’s stock were exchanged. Canadian Pacific Railway Limited has a one year low of $139.29 and a one year high of $179.17. The company has a 50 day moving average price of $164.64 and a 200-day moving average price of $158.18. The stock has a market cap of $25.95 billion, a PE ratio of 19.37 and a beta of 1.11.

A number of institutional investors have recently modified their holdings of CP. MARSHALL WACE ASIA Ltd purchased a new position in Canadian Pacific Railway Limited in the first quarter worth about $553,000. Marshall Wace North America L.P. purchased a new position in Canadian Pacific Railway Limited in the first quarter worth about $553,000. Vanguard Group Inc. raised its holdings in Canadian Pacific Railway Limited by 5.0% in the first quarter. Vanguard Group Inc. now owns 3,080,214 shares of the transportation company’s stock worth $452,545,000 after buying an additional 146,826 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Canadian Pacific Railway Limited by 16.0% in the first quarter. Dimensional Fund Advisors LP now owns 27,150 shares of the transportation company’s stock worth $3,989,000 after buying an additional 3,736 shares during the last quarter. Finally, Edmond DE Rothschild Holding S.A. raised its holdings in Canadian Pacific Railway Limited by 3.2% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 1,135 shares of the transportation company’s stock worth $166,000 after buying an additional 35 shares during the last quarter. 65.93% of the stock is owned by institutional investors and hedge funds.

About Canadian Pacific Railway Limited

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.

Earnings History and Estimates for Canadian Pacific Railway Limited (NYSE:CP)

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