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Canadian Pacific Railway Ltd (CP) Stock: Do Analysts Think You Should Buy?

Friday, June 17, 2022 02:47 PM | InvestorsObserver Analysts

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Canadian Pacific Railway Ltd (CP) Stock: Do Analysts Think You Should Buy?

InvestorsObserver is giving Canadian Pacific Railway Ltd (CP) an Analyst Rating Rank of 25, meaning CP is ranked higher by analysts than 25% of stocks. The average price target for CP is $82.111 and analyst’s rate the stock as a Buy.

Overall Score - 3.8
Wall Street analysts are rating CP a Buy today. Find out what this means to you and get the rest of the rankings on CP!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Canadian Pacific Railway Ltd Stock Today?

Canadian Pacific Railway Ltd (CP) stock is trading at $67.71 as of 2:47 PM on Friday, Jun 17, a gain of $0.03, or 0.04% from the previous closing price of $67.68. Volume today is less active than usual. So far 1,514,589 shares have traded compared to average volume of 2,247,707 shares. The stock has traded between $66.70 and $68.27 so far today. Click Here to get the full Stock Report for Canadian Pacific Railway Ltd stock.

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