Analysts have been quite happy with Canadian Pacific Railway (CP) stock lately, as after BMO Capital and National Bank rated the stock a Buy this past month, there is another positive note, this time from TD Securities. Analyst Cherilyn Radbourne rated Canadian Pacific Railway (CP) a Buy yesterday, setting a C$305 price target.
According to TipRanks.com, Radbourne is a 3-star analyst with an average return of 2.5% and a 51.5% success rate. Radbourne covers the Services sector, focusing on stocks such as Union Pacific Corp, Canadian Railway, and Canadian Pacific.
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Currently, the analyst consensus on Canadian Pacific Railway is a Strong Buy with an average price target of C$311.80.
The company has a one-year high of C$291.56 and a one-year low of C$212.50. Currently, Canadian Pacific Railway has an average volume of 403.7K.
Canadian Pacific Railway Ltd. engages in the provision of rail service. It offers rail and intermodal transportation services. It also transports bulk commodities, merchandise freight, and intermodal traffic. The company was founded in 1881 and is headquartered in Calgary, Canada.
The company’s shares closed on Monday at C$245.10.
