Media stories about Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP) have trended somewhat positive recently, according to AlphaOne. The research group, a subsidiary of Accern, identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Canadian Pacific Railway Limited earned a media sentiment score of 0.12 on AlphaOne’s scale. AlphaOne also assigned news headlines about the transportation company an impact score of 77 out of 100, meaning that recent press coverage is likely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have effected Alpha One Sentiment Analysis’s analysis:
- The Canadian Pacific Railway Limited (CP) Earning Positive News Coverage, AlphaOne Reports – BangaloreWeekly (bangaloreweekly.com)
- Taking a Step Back and A Look at Canadian Pacific Railway Limited (TSX:CP)’s Technicals – Union Trade Journal (uniontradejournal.com)
- Active Runner in Focus: Canadian Pacific Railway Ltd (CP.TO) – Stock Talker (thestocktalker.com)
- Canadian Pacific Railway Limited (TSX:CP) Profitability in Focus – Trion Journal (trionjournal.com)
- (CP) Shares now unchanged at $156.58 CP’s enhancements to Sales and Marketing… (highlightpress.com)
Shares of Canadian Pacific Railway Limited (NYSE:CP) traded down 0.70% during midday trading on Friday, hitting $153.42. 1,020,487 shares of the stock were exchanged. The firm has a 50 day moving average of $155.75 and a 200 day moving average of $150.54. The firm has a market cap of $22.51 billion, a P/E ratio of 20.63 and a beta of 1.08. Canadian Pacific Railway Limited has a 12-month low of $119.50 and a 12-month high of $160.45.
The firm also recently announced a quarterly dividend, which will be paid on Monday, July 31st. Shareholders of record on Friday, June 30th will be issued a dividend of $0.412 per share. This represents a $1.65 dividend on an annualized basis and a dividend yield of 1.07%. This is a boost from Canadian Pacific Railway Limited’s previous quarterly dividend of $0.38. The ex-dividend date is Wednesday, June 28th. Canadian Pacific Railway Limited’s dividend payout ratio is 18.67%.
A number of research firms recently weighed in on CP. Credit Suisse Group AG reaffirmed an “outperform” rating and set a $178.00 price objective (up previously from $171.00) on shares of Canadian Pacific Railway Limited in a research report on Sunday, May 28th. Citigroup Inc reaffirmed a “buy” rating and set a $180.00 price objective (up previously from $165.00) on shares of Canadian Pacific Railway Limited in a research report on Sunday, May 14th. Loop Capital cut shares of Canadian Pacific Railway Limited from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $157.34 to $119.50 in a research report on Friday, April 21st. They noted that the move was a valuation call. BidaskClub cut shares of Canadian Pacific Railway Limited from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Cowen and Company reaffirmed an “outperform” rating and set a $172.00 price objective (down previously from $173.00) on shares of Canadian Pacific Railway Limited in a research report on Sunday, April 23rd. Two analysts have rated the stock with a sell rating, four have issued a hold rating and seventeen have assigned a buy rating to the company’s stock. Canadian Pacific Railway Limited has a consensus rating of “Buy” and a consensus target price of $182.88.
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About Canadian Pacific Railway Limited
Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The Company operates through rail transportation segment. The Company’s transports bulk commodities, merchandise freight, and intermodal traffic over a network of approximately 12,400 miles.
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