Canadian Pacific Railway Limited Price Target Raised to $104.00 at Canaccord Genuity (CP) - InvestingChannel

Canadian Pacific Railway Limited Price Target Raised to $104.00 at Canaccord Genuity (CP)

Research analysts at Canaccord Genuity upped their target price on shares of Canadian Pacific Railway Limited (TSE: CP) Canadian Pacific Railway Limited traded down 1.50% on Wednesday, hitting $114.48. Canadian Pacific Railway Limited has a 52-week low of $71.41 and a 52-week high of $118.57. The stock?s 50-day moving average is currently $105.5. The company has a market cap of $19.801 billion and a price-to-earnings ratio of 28.70.

CP has been the subject of a number of other recent research reports. Analysts at Barclays Capital raised their price target on shares of Canadian Pacific Railway Limited from $120.00 to $126.00 in a research note to investors on Wednesday. Separately, analysts at Desjardins raised their price target on shares of Canadian Pacific Railway Limited from $93.00 to $117.00 in a research note to investors on Wednesday. Finally, analysts at Scotia Capital raised their price target on shares of Canadian Pacific Railway Limited from $104.00 to $118.00 in a research note to investors on Wednesday. They now have a ?sector perform? rating on the stock. Canadian Pacific Railway Limited (CPRL) has 14,700-mile network serving the principal business centres of Canada, from Montreal to Vancouver, British Columbia and the United States Midwest and Northeast regions.