A Wall Street analyst has provided a review for the Services company today, but retained the same rating on the stock. Analyst Steve Hansen from Raymond James rated Canadian Pacific Railway (CP) a Buy, setting a C$340 price target.
Hansen has an average return of 15.1% when recommending Canadian Pacific Railway.
According to TipRanks.com, Hansen is ranked #796 out of 5199 analysts.
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Canadian Pacific Railway has an analyst consensus of Strong Buy, with a price target consensus of C$306.67, a 2.3% upside from current levels. In a report issued on April 24, Cowen & Co. also maintained a Buy rating on the stock.
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The company has a one-year high of C$306.13 and a one-year low of C$227.53. Currently, Canadian Pacific Railway has an average volume of 310.4K.
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$299.78, close to its 52-week high of C$306.13.
