Wall Street analyst has provided a review for the Services company on October 8, but retained the same rating on the stock. Desjardins’ analyst Benoit Poirier reiterates their Buy rating on the shares of Canadian Pacific Railway (TSX: CP), with a C$311 price target.
Poirier has an average return of 12.4% when recommending Canadian Pacific Railway.
According to TipRanks.com, Poirier is ranked #154 out of 4897 analysts.
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Currently, the analyst consensus on Canadian Pacific Railway is a Strong Buy with an average price target of C$311.88, which is a 17.7% upside from current levels. In a report issued on September 25, Barclays also maintained a Buy rating on the stock with a C$305 price target.
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The company has a one-year high of C$291.56 and a one-year low of C$206.10. Currently, Canadian Pacific Railway has an average volume of 293.8K.
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 Thursday at C$264.97.
