Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Canadian Pacific (CP – Research Report) and ZIM Integrated Shipping Services (ZIM – Research Report).
Canadian Pacific (CP)
Barclays analyst Brandon Oglenski maintained a Buy rating on Canadian Pacific today and set a price target of $90.00. The company’s shares closed last Monday at $77.96.
According to TipRanks.com, Oglenski is a 4-star analyst with an average return of
Canadian Pacific has an analyst consensus of Moderate Buy, with a price target consensus of $87.60, an 11.6% upside from current levels. In a report issued on January 31, RBC Capital also maintained a Buy rating on the stock with a C$122.00 price target.
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ZIM Integrated Shipping Services (ZIM)
Jefferies analyst Omar Nokta maintained a Hold rating on ZIM Integrated Shipping Services today and set a price target of $20.00. The company’s shares closed last Monday at $22.25, close to its 52-week low of $16.23.
According to TipRanks.com, Nokta is a 5-star analyst with an average return of
Currently, the analyst consensus on ZIM Integrated Shipping Services is a Hold with an average price target of $19.90.
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Read More on CP:
- Canadian Pacific reports new record January for Canadian grain transport volume
- North American rail traffic down 2% for the week ending January 28
- Canadian Pacific price target lowered to C$125 from C$128 at CIBC
- Canadian Pacific Railway (TSE:CP) Beats Q4 Earnings Expectations, Sees Solid Growth
- Canadian Pacific reports Q4 volumes up 8%