Canadian Pacific (CP) Gets a Buy Rating from Credit Suisse


Credit Suisse analyst Allison Landry maintained a Buy rating on Canadian Pacific (CP) on October 23 and set a price target of $250.00. The company’s shares closed last Monday at $226.57.

According to TipRanks.com, Landry is a 5-star analyst with an average return of 11.0% and a 64.8% success rate. Landry covers the Services sector, focusing on stocks such as Echo Global Logistics, Knight Transportation, and Kansas City Southern.

Canadian Pacific has an analyst consensus of Strong Buy, with a price target consensus of $262.72, a 16.1% upside from current levels. In a report issued on October 8, CIBC also maintained a Buy rating on the stock with a C$327.00 price target.

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The company has a one-year high of $247.52 and a one-year low of $167.48. Currently, Canadian Pacific has an average volume of 418.9K.

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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.

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