Credit Suisse Upgrades Canadian Pacific to Buy


Canadian Pacific (NYSE: CP) received a Buy rating and a $210 price target from Credit Suisse analyst Allison Landry on July 12. The company’s shares closed yesterday at $187.49.

According to TipRanks.com, Landry is a 5-star analyst with an average return of 13.0% and a 68.3% success rate. Landry covers the Services sector, focusing on stocks such as Kansas City Southern, Old Dominion Freight, and Landstar System Inc.

Canadian Pacific has an analyst consensus of Strong Buy, with a price target consensus of $206, a 9.9% upside from current levels. In a report issued on July 9, Raymond James also upgraded the stock to Buy.

.

See today’s analyst top recommended stocks >>

The company has a one-year high of $196.34 and a one-year low of $150.91. Currently, Canadian Pacific has an average volume of 556.4K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts