Analyst Ratings Coverage
The Canadian Pacific Railway Limited (CP Rail) has recently received a series of analyst ratings, reflecting the evolving sentiment and opinions about the company by covering analysts.
CIBC World Markets:
- Target Down – Outperform (CAD 118)
- CIBC World Markets has issued a target price adjustment, lowering the target price from CAD 118. This implies that while they maintain an “Outperform” rating for CP Rail, they have adjusted their target expectations.
STA Research:
Maintains – Hold
STA Research continues to maintain a “Hold” rating for CP Rail, indicating a neutral stance on the company’s performance. They have not provided a specific target price.
Raymond James:
- Upgrades – Outperform (CAD 115)
- Raymond James has upgraded its rating on CP Rail to “Outperform” and set a target price of CAD 115. This suggests they now have a more positive outlook on the company’s future performance.
Scotia Capital:
- Maintains – Outperform (CAD 120)
- Scotia Capital maintains its “Outperform” rating on CP Rail, with a target price of CAD 120, indicating their continued optimism regarding the company’s prospects.
ATB Capital Markets:
- Target Down – Outperform (CAD 117)
- ATB Capital Markets has issued a target price adjustment, lowering the target price from CAD 117, while maintaining their “Outperform” rating for CP Rail. This suggests a slightly reduced target expectation.
National Bank Financial:
- Target Down – Sector Perform (CAD 107)
- National Bank Financial has issued a target price adjustment, downgrading CP Rail from “Outperform” to “Sector Perform” and setting a target price of CAD 107. This indicates a more cautious outlook.
BMO Capital Markets:
- Target Down – Outperform (CAD 125)
- BMO Capital Markets has issued a target price adjustment, lowering the target price from CAD 125, while still maintaining their “Outperform” rating for CP Rail. This suggests a slightly reduced target expectation.
RBC:
- Target Down – Outperform (CAD 128)
- RBC has issued a target price adjustment, reducing the target price from CAD 128. They maintain their “Outperform” rating, indicating a lowered target outlook.
TD Securities:
- Target Down – Buy (CAD 115)
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- TD Securities has issued a target price adjustment, lowering the target price from CAD 115 while maintaining their “Buy” rating for CP Rail. This implies a slightly reduced target expectation, although they still hold a positive view of the company.
CP Stock Analysis
Based on forecasts from 21 analysts, the consensus points to an average target price of CAD 109.79 for CP Rail over the next 12 months. This target price is a crucial indicator for investors, as it provides an estimate of the stock’s potential value in the future.
The average analyst rating for Canadian Pacific Railway Ltd is “Buy,” indicating a general sentiment among experts that the stock is a favorable investment. This consensus reflects a positive outlook on the company’s performance in the coming months.
Stock Target Advisor, a stock analysis platform, has evaluated CP Rail and provided its own analysis. Their assessment is “Bullish,” which suggests a strong positive sentiment towards the stock. This bullish rating is based on a combination of 6 positive signals and 2 negative signals, indicating that the stock exhibits several characteristics that make it an attractive investment.
As of the most recent closing, the stock price of Canadian Pacific Railway Ltd was CAD 96.20. It’s important to note that stock prices are dynamic and can fluctuate based on various market forces. Over the past week, CP Rail’s stock price experienced a decrease of -1.09%. Furthermore, over the last month, the stock has seen a decrease of -7.01%, and over the past year, it decreased by -1.58%. These historical price movements provide insights into the stock’s recent performance, highlighting the short-term and long-term trends that investors should consider.
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