Barclays Maintains Canadian Pacific Railway Limited (USA) to Overweight with Price Target $142.00

Brokerage firm Barclays Maintains its rating on Canadian Pacific Railway Limited (USA)(NYSE:CP). In a research note issued to the investors, the brokerage major Raises the price-target to $142.00 per share. The shares have been rated Overweight. The rating by Barclays was issued on Apr 11, 2016.

In a different note, On Mar 31, 2016, Citigroup said it Maintains its rating on Canadian Pacific Railway Limited (USA). In the research note, the firm Raises the price-target to $145.00 per share. The shares have been rated ‘Buy’ by the firm. On Mar 30, 2016, Citigroup said it Maintains its rating on Canadian Pacific Railway Limited (USA). In the research note, the firm Raises the price-target to $145.00 per share. The shares have been rated ‘Buy’ by the firm. Topeka Capital said it Initiates Coverage on Canadian Pacific Railway Limited (USA), according to a research note issued on Mar 24, 2016. The shares have been rated ‘Hold’ by the firm. Stephens & Co. said it Initiates Coverage on Canadian Pacific Railway Limited (USA), according to a research note issued on Mar 15, 2016. The shares have been rated ‘Equal-weight’ by the firm. On Feb 19, 2016, Credit Suisse said it Maintains its rating on Canadian Pacific Railway Limited (USA). In the research note, the firm Raises the price-target to $135.00 per share. The shares have been rated ‘Outperform’ by the firm. On Jan 22, 2016, Credit Suisse said it Maintains its rating on Canadian Pacific Railway Limited (USA). According to the research note, Credit Suisse Lowers the price target to $135 per share from a prior target of $138. The shares have been rated ‘Outperform’ by the firm.

Canadian Pacific Railway Limited (USA) (CP) shares turned negative on Fridays trading session with the shares closing down -1.66 points or -1.12% at a volume of 6,32,639. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $147.93. The peak price level was also seen at $147.93 while the days lowest was $146.06. Finally the shares closed at $146.17. The 52-week high of the shares is $198.44 while the 52-week low is $97.09. According to the latest information available, the market cap of the company is $22,367 M.

Canadian Pacific Railway Limited (USA)(CP) last announced its earnings results on Jan 21, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $1.16B. Analysts had an estimated revenue of $1.19B. Earnings per share were $1.88. Analysts had estimated an EPS of $1.92.

Canadian Pacific Railway Limited (CP) operates a transcontinental railway in Canada and the United States (U.S.) and provides logistics and supply chain expertise. CP provides rail and intermodal transportation services over a network of approximately 13700 miles serving the principal business centers of Canada from Montreal Quebec to Vancouver British Columbia (B.C.) and the United States Northeast and Midwest regions. The Company transports bulk commodities merchandise freight and intermodal traffic. Bulk commodities include Canadian grain U.S. grain coal potash and fertilizers and sulphur. Merchandise freight consists of finished vehicles and automotive parts chemicals and plastics crude oil forest products and metals minerals and consumer products. Intermodal traffic consists of retail goods in overseas containers that can be transported by train ship and truck and in domestic containers and trailers that can be moved by train and truck.

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