$2.47 EPS Expected for Canadian Pacific Railway Limited (CP); 3M Company (MMM) Had 8 Analysts Last Week

June 18, 2018 - By Louis Casey

Canadian Pacific Railway Limited (NYSE:CP) Logo

Analysts expect Canadian Pacific Railway Limited (NYSE:CP) to report $2.47 EPS on July, 18.They anticipate $0.41 EPS change or 19.90% from last quarter’s $2.06 EPS. CP’s profit would be $355.34 million giving it 19.66 P/E if the $2.47 EPS is correct. After having $2.13 EPS previously, Canadian Pacific Railway Limited’s analysts see 15.96% EPS growth. The stock decreased 0.04% or $0.07 during the last trading session, reaching $194.24. About 385,788 shares traded. Canadian Pacific Railway Limited (NYSE:CP) has risen 16.90% since June 18, 2017 and is uptrending. It has outperformed by 4.33% the S&P500. Some Historical CP News: ; 16/05/2018 – CANADIAN PACIFIC: VOTING WILL NOW BEGIN ON MAY 18; 20/04/2018 – CANADIAN PACIFIC RAILWAY REACHED PACT WITH TEAMSTERS; 14/05/2018 – CANADIAN PACIFIC REPORTS US$500M DEBT OFFERING; 18/04/2018 – Canadian Pacific Railway: Teamsters Canada Rail Conference-Train & Engine and Intl Brotherhood of Electrical Workers Issue Strike Notice for April 21; 14/05/2018 – CANADIAN PACIFIC RAILWAY LTD – NET PROCEEDS FROM OFFERING WILL BE USED PRIMARILY FOR REDUCTION AND REFINANCING OF OUTSTANDING INDEBTEDNESS; 25/05/2018 – TCRC-Train & Engine and IBEW Vote Dn CP’s Final Offers in CIRB-administered Ratification Vote; 30/05/2018 – Canadian Pacific Railway Strike Ends; 30/05/2018 – Canadian Pacific reaches tentative agreement with striking workers; 30/05/2018 – CANADIAN OILSEED CRUSHERS FORCED TO CURB PRODUCTION DUE TO CANADIAN PACIFIC RAILWAY STRIKE – CANADIAN OILSEED PROCESSORS ASSOCIATION; 29/05/2018 – CANADIAN PACIFIC RAILWAY LTD CP.TO – TENTATIVE AGREEMENT ENSURES THAT IBEW EMPLOYEES REMAIN ON JOB AND PASSENGER OPERATIONS ARE NOT IMPACTED

Among 17 analysts covering 3M (NYSE:MMM), 8 have Buy rating, 4 Sell and 5 Hold. Therefore 47% are positive. 3M had 93 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Sell” rating by J.P. Morgan given on Thursday, January 18. Stifel Nicolaus maintained 3M Company (NYSE:MMM) on Friday, January 26 with “Hold” rating. On Wednesday, April 26 the stock rating was maintained by Stifel Nicolaus with “Hold”. Credit Suisse maintained 3M Company (NYSE:MMM) rating on Wednesday, October 11. Credit Suisse has “Buy” rating and $237.0 target. The rating was maintained by Barclays Capital on Monday, March 26 with “Underweight”. The firm has “Underweight” rating given on Wednesday, September 20 by JP Morgan. The firm has “Buy” rating by Jefferies given on Thursday, December 14. RBC Capital Markets maintained the stock with “Underperform” rating in Friday, July 24 report. The rating was maintained by RBC Capital Markets with “Underperform” on Friday, October 23. Citigroup maintained the stock with “Buy” rating in Monday, October 9 report. See 3M Company (NYSE:MMM) latest ratings:

16/05/2018 Broker: Jefferies Old Rating: Buy New Rating: Hold Old Target: $200 Downgrade
03/05/2018 Broker: RBC Capital Markets Rating: Buy Upgrade
26/04/2018 Broker: UBS Old Rating: Neutral New Rating: Neutral Old Target: $250 New Target: $215 Maintain
26/04/2018 Broker: JP Morgan Old Rating: Underweight New Rating: Underweight Old Target: $227 New Target: $221 Maintain
25/04/2018 Broker: Barclays Capital Old Rating: Underweight New Rating: Underweight Old Target: $230 New Target: $210 Maintain
24/04/2018 Broker: RBC Capital Markets Rating: Hold New Target: $227.0000 Maintain
25/04/2018 Broker: Argus Research Old Rating: Buy New Rating: Buy Old Target: $285 New Target: $240 Maintain
25/04/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $225 New Target: $210 Maintain
24/04/2018 Broker: CFRA Rating: Buy New Target: $260.0000 Upgrade
24/04/2018 Broker: Jefferies Rating: Buy New Target: $250.0000 Maintain

More recent Canadian Pacific Railway Limited (NYSE:CP) news were published by: Seekingalpha.com which released: “Union strike notice from Canadian Pacific” on May 28, 2018. Also Seekingalpha.com published the news titled: “CP Rail unions overwhelmingly reject contract offers” on May 25, 2018. Seekingalpha.com‘s news article titled: “Canada’s big two railroads to overhaul grain hopper fleets” with publication date: June 07, 2018 was also an interesting one.

Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The company has market cap of $27.94 billion. The firm transports bulk commodities, including grain, coal, potash, fertilizers, and Sulphur; and merchandise freight, such as finished vehicles and machinery, automotive parts, chemicals and plastics, crude, and metals and minerals, as well as forest and industrial, and consumer products. It has a 15.97 P/E ratio. It also transports intermodal traffic comprising retail goods in overseas containers that can be transported by train, ship, and truck, as well as in domestic containers and trailers that can be moved by train and truck.

Among 28 analysts covering Canadian Pacific (NYSE:CP), 19 have Buy rating, 0 Sell and 9 Hold. Therefore 68% are positive. Canadian Pacific had 75 analyst reports since September 30, 2015 according to SRatingsIntel. The rating was initiated by JP Morgan on Monday, April 25 with “Neutral”. The rating was maintained by Cowen & Co with “Buy” on Wednesday, August 30. The rating was reinitiated by Morgan Stanley with “Overweight” on Friday, June 3. On Wednesday, November 18 the stock rating was maintained by Credit Suisse with “Outperform”. The firm earned “Outperform” rating on Wednesday, June 22 by Cowen & Co. The firm has “Hold” rating by Susquehanna given on Tuesday, January 16. The stock of Canadian Pacific Railway Limited (NYSE:CP) earned “Hold” rating by Loop Capital on Thursday, August 4. The stock has “Outperform” rating by Raymond James on Monday, October 17. The company was maintained on Wednesday, February 28 by Cowen & Co. On Tuesday, January 10 the stock rating was upgraded by CLSA to “Outperform”.

The stock increased 0.66% or $1.34 during the last trading session, reaching $204.97. About 5.45M shares traded or 85.32% up from the average. 3M Company (NYSE:MMM) has declined 0.26% since June 18, 2017 and is downtrending. It has underperformed by 12.83% the S&P500. Some Historical MMM News: ; 21/03/2018 – China 3M Shibor Yield at 4.73% by End-1Q18 (Survey); 24/04/2018 – 3M CO MMM.N SEES FY 2018 ADJUSTED SHR $10.20 TO $10.55 EXCLUDING ITEMS; 06/03/2018 – Global Study from 3M Reveals — Science is Underappreciated; 05/03/2018 – 3M: Roman Succeeds Thulin as CEO Effective July 1; 13/03/2018 – SPAIN 3M BILLS AVG YIELD -0.543% VS -0.507% AT FEB. 20 AUCTION; 05/03/2018 NIGERIA HAS POTENTIAL TO PUMP 3M B/D: KACHIKWU; 07/03/2018 – GRAPHIC-GE value could slip to lowest among large U.S. industrials; 24/04/2018 – 3M Narrows 2018 View To Adj EPS $10.20-Adj EPS $10.55; 10/05/2018 – U.S. 3M Libor Yield at 2.55% by End-3Q vs 2.49% Prior (Survey); 09/03/2018 – FDA: 3M Company – Health Care Business- ACE (TM) BRAND, DELUXE ANKLE BRACE, 207736, UPC 0 51131 20387 7

Investors sentiment decreased to 0.77 in Q1 2018. Its down 0.06, from 0.83 in 2017Q4. It turned negative, as 65 investors sold 3M Company shares while 643 reduced holdings. 113 funds opened positions while 434 raised stakes. 377.88 million shares or 1.35% less from 383.04 million shares in 2017Q4 were reported. Anderson Hoagland & accumulated 7,109 shares or 0.9% of the stock. First Long Island Investors Limited Liability Corporation has 39,562 shares. Ameriprise invested 0.15% of its portfolio in 3M Company (NYSE:MMM). Hilltop Holding Incorporated reported 0.15% stake. Gm Advisory accumulated 1,319 shares. Bbva Compass National Bank & Trust reported 0.43% in 3M Company (NYSE:MMM). Culbertson A N & Company accumulated 2.51% or 38,236 shares. Sandhill Cap Prns Ltd Liability Com invested in 0.62% or 17,097 shares. Private Ocean Ltd Company owns 1,950 shares. 2,852 are held by Adirondack Tru Co. Pennsylvania-based Gardner Russo & Gardner Ltd Company has invested 0% in 3M Company (NYSE:MMM). 1.06M were accumulated by Thomaspartners. Todd Asset Mgmt Limited Liability Corp invested 0.01% of its portfolio in 3M Company (NYSE:MMM). Minneapolis Port Group Limited Liability Company reported 3.25% of its portfolio in 3M Company (NYSE:MMM). Iberiabank owns 0.75% invested in 3M Company (NYSE:MMM) for 17,107 shares.

More notable recent 3M Company (NYSE:MMM) news were published by: Seekingalpha.com which released: “3M Company: Time To Break Up This Giant?” on June 09, 2018, also Seekingalpha.com with their article: “3M Company: It Didn’t Take A Crystal Ball To See That It Was Overvalued – Part 3” published on May 31, 2018, Livetradingnews.com published: “3M Company (NYSE:MMM) Stock Worth Watching” on May 23, 2018. More interesting news about 3M Company (NYSE:MMM) were released by: Seekingalpha.com and their article: “3M: Buy The Dip” published on May 30, 2018 as well as Fool.com‘s news article titled: “The 1 Reason to Avoid 3M Company’s Stock” with publication date: June 06, 2018.

3M Company operates as a diversified technology firm worldwide. The company has market cap of $121.69 billion. The companyÂ’s Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; advanced ceramics; sealants; specialty materials; separation and purification products; closure systems for personal hygiene products; acoustic systems products; automotive components; and abrasion-resistant films, and paint finishing and detailing products. It has a 30.36 P/E ratio. The Company’s Safety and Graphics Business segment provides personal protection products, traffic safety and security products, commercial graphics systems, commercial cleaning and protection products, floor matting, roofing granules for asphalt shingles, and fall protection products.

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