Stock To Watch: Canadian Pacific Railway Limited (NYSE:CP)


The leading market experts have placed a mean price target of $157.25 on Canadian Pacific Railway Limited (NYSE:CP) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $2.45 a share for the upcoming quarter and $8.15 for the current fiscal.

Technical View

The technical analysis of Canadian Pacific Railway Limite plainly substantiates that the 50-day moving average of Canadian Pacific Railway Limite is $146.49, and stock is trading $8.80 points away or +6.00% from its 50-day moving average of $146.49. Further it is trading $19.59 or +14.44% away its 200-day moving average of $135.70. Canadian Pacific Railway Limited (NYSE:CP) 52-week high is $157.82 and the 52-week low is $97.09.

This explains if the stock moves $-2.53, it will post a 52-week high. In event of +59.94% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Canadian Pacific Railway Limite, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Canadian Pacific Railway Limited (NYSE:CP) ratio came in at 20.33.

The stock last ended the trading session at $155.29 and registered a market cap of $22.95B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Canadian Pacific Railway Limited (NYSE:CP) PEG ratio is at 2.68.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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