TSE:CP
403.65
1.24
(0.31%)
The Canadian Pacific Railway, also known formerly as CP Rail between 1968 and 1996, is a historic Canadian Class I railroad incorporated in 1881.
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Canadian Pacific Rail
CP-T
Analysis and Opinions about CP-T
Signal
Opinion
Expert
BUY
BUY
TOP PICK
TOP PICK
July 27, 2020
The transport sector is starting to gain steam (see the IYT ETF), the rails have been the strength, and CP is the cream of the crop in rails. They've increased their dividend in a middle of a global pandemic, and have increased their guidance (i.e. YOY earnings growth). They improved their operating ratio this quarter. Volumes will pick up which will increase their margins. They transport mostly east-west resources, and we're at the bottom of the resource cycle. Offers good dividend growth, too. (Analysts’ price target is $389.49)
Show full opinionHide full opinion
The transport sector is starting to gain steam (see the IYT ETF), the rails have been the strength, and CP is the cream of the crop in rails. They've increased their dividend in a middle of a global pandemic, and have increased their guidance (i.e. YOY earnings growth). They improved their operating ratio this quarter. Volumes will pick up which will increase their margins. They transport mostly east-west resources, and we're at the bottom of the resource cycle. Offers good dividend growth, too. (Analysts’ price target is $389.49)
PAST TOP PICK
PAST TOP PICK
May 14, 2020
(A Top Pick Jun 27/19, Up 3%) This one has been resilient. He would continue to buy it. We have to move goods and it benefits from trade overseas. The relative strength has been quite good.
Show full opinionHide full opinion(A Top Pick Jun 27/19, Up 3%) This one has been resilient. He would continue to buy it. We have to move goods and it benefits from trade overseas. The relative strength has been quite good.
BUY
BUY
May 11, 2020
He has CNR-T. The rail business is great. They have pretty good pricing power. It is not a business that can be duplicated. It is cheaper and more environmentally friendly to ship things by rail.
He has CNR-T. The rail business is great. They have pretty good pricing power. It is not a business that can be duplicated. It is cheaper and more environmentally friendly to ship things by rail.
PAST TOP PICK
PAST TOP PICK
February 12, 2020
(A Top Pick Jun 27/19, Up 18%) Kansas City Southern and CP have both come out of multi-year consolidations and will benefit from a stronger economy and pick-up in trade.
Show full opinionHide full opinion(A Top Pick Jun 27/19, Up 18%) Kansas City Southern and CP have both come out of multi-year consolidations and will benefit from a stronger economy and pick-up in trade.
BUY
BUY
February 10, 2020
CP-T vs. CNR-T. He likes the rails. There is no possibility of another national rail network in the US or Canada. He thinks CP-T has more levers to pull to offset volume declines in 2020. They have more projects they can do to offset mining sector headwinds.
CP-T vs. CNR-T. He likes the rails. There is no possibility of another national rail network in the US or Canada. He thinks CP-T has more levers to pull to offset volume declines in 2020. They have more projects they can do to offset mining sector headwinds.
BUY
BUY
January 16, 2020
CP-T vs. CNR-T. CP-T was at $220 in 2014 and broke out from there last year. It consolidated for 5 years. This is a great way to participate in economic growth.
CP-T vs. CNR-T. CP-T was at $220 in 2014 and broke out from there last year. It consolidated for 5 years. This is a great way to participate in economic growth.
BUY
BUY
January 10, 2020
CP vs. CN Own both, but he prefers the cheaper CP. Same growth rate; he sees 10% EPS growth. Crude by rail will extend to 10 years and not stop soon. CP's balance sheet is weaker, though. CN trades at 18x PE, CP and 15.6x.
BUY
BUY
January 7, 2020
Impact of pipelines? Has done very well. Rails are seasonal now to April. The pipeline impact won't be immediate, but long-term, when the pipelines are nearly completed. CP is in an uptrend now. He likes CP.
Show full opinionHide full opinionImpact of pipelines? Has done very well. Rails are seasonal now to April. The pipeline impact won't be immediate, but long-term, when the pipelines are nearly completed. CP is in an uptrend now. He likes CP.
COMMENT
COMMENT
December 30, 2019
They mostly run east-west and are commodity-oriented. So, if oil shipping declines, so will CP's earnings. The rails are a bet on the Canadian economy continuing to do well and we don't fall into recession. But if markets drop 20-40% and the economy tanks, so will rails fall.
Show full opinionHide full opinionThey mostly run east-west and are commodity-oriented. So, if oil shipping declines, so will CP's earnings. The rails are a bet on the Canadian economy continuing to do well and we don't fall into recession. But if markets drop 20-40% and the economy tanks, so will rails fall.
PAST TOP PICK
PAST TOP PICK
December 11, 2019
(A Top Pick Dec 19/18, Up 36%) They had very good looking growth back then. The multiples still look like pretty good value. If recent manufacturing weakness does not spill into the full economy you could buy here as we..
Show full opinionHide full opinion(A Top Pick Dec 19/18, Up 36%) They had very good looking growth back then. The multiples still look like pretty good value. If recent manufacturing weakness does not spill into the full economy you could buy here as we..
COMMENT
COMMENT
November 12, 2019
She owns CN instead, because it's the best rail in the industry. The rails have had a nice lift this year. CP has been investing in capacity this year. The rails will continue to benefit from crude-by-rail.
Show full opinionHide full opinionShe owns CN instead, because it's the best rail in the industry. The rails have had a nice lift this year. CP has been investing in capacity this year. The rails will continue to benefit from crude-by-rail.
BUY
BUY
October 24, 2019
CP-T vs. CNR-T. He owns CP-T and not CNR-T although both are excellent. He prefers Canadian rails to US rails. Both just reported modest volume headwinds but CNR-T had to cut their guidance and CP-T did not. The cuts are transitory in nature for both but over the next couple of years CP-T is positioned better to navigate through these volume headwinds.
CP-T vs. CNR-T. He owns CP-T and not CNR-T although both are excellent. He prefers Canadian rails to US rails. Both just reported modest volume headwinds but CNR-T had to cut their guidance and CP-T did not. The cuts are transitory in nature for both but over the next couple of years CP-T is positioned better to navigate through these volume headwinds.
BUY
BUY
October 21, 2019
CNR-T vs. CP-T. He is optimistic with respect to the rails. You get about 3/4ths of your lift when the industry picks up. CNR-T is slightly better than CP-T but the difference is not massive.
PAST TOP PICK
PAST TOP PICK
October 1, 2019
(A Top Pick Aug 13/19, Down 7%) This year, it had an uptrend, then has consolidated since June. There's more downside to come. We are testing support levels now. He still likes it.
Show full opinionHide full opinion(A Top Pick Aug 13/19, Down 7%) This year, it had an uptrend, then has consolidated since June. There's more downside to come. We are testing support levels now. He still likes it.
Canadian Pacific Rail(CP-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 14
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 16
Canadian Pacific Rail(CP-T) Frequently Asked Questions
What is Canadian Pacific Rail stock symbol?
Canadian Pacific Rail is a Canadian stock, trading under the symbol CP-T on the Toronto Stock Exchange (CP-CT). It is usually referred to as TSX:CP or CP-T
Is Canadian Pacific Rail a buy or a sell?
In the last year, 16 stock analysts published opinions about CP-T. 14 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Canadian Pacific Rail.
Is Canadian Pacific Rail a good investment or a top pick?
Canadian Pacific Rail was recommended as a Top Pick by David Baskin on 2020-07-28. Read the latest stock experts ratings for Canadian Pacific Rail.
Why is Canadian Pacific Rail stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Canadian Pacific Rail worth watching?
16 stock analysts on Stockchase covered Canadian Pacific Rail In the last year. It is a trending stock that is worth watching.
What is Canadian Pacific Rail stock price?
On 2020-09-28, Canadian Pacific Rail (CP-T) stock closed at a price of $403.65.
Canadian rails enjoy a duopoly, but we know that grains and other resources will get shipped. CP is more efficient than CN, and is very well-run. He owns CNR. Investors should own either.