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See what the IHS Markit Score report has to say about Canadian Pacific Railway Ltd.

IHS Markit

Canadian Pacific Railway Ltd

NYSE:CP

Score: Positive (68)

1 day at current score.

Upgraded from Neutral on April 16th 2018

View full report here!

Summary


  • This company ranked positively compared to the Industrials sector despite only 1 positive IHS Markit Category
  • Perception of the company's creditworthiness is negative
  • Bearish sentiment is low


Bearish sentiment

Short interest | Positive

Short interest is extremely low for CP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CP.

Money flow

ETF/Index ownership | Neutral

ETF activity is neutral. ETFs that hold CP had net inflows of $1.51 billion over the last one-month.

Economic sentiment

PMI by IHS Markit | Neutral

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is very weak relative to the trend shown over the past year. In fact, it has been weak enough that the rate of expansion may accelerate in the coming months.

Credit worthiness

Credit default swap | Negative

The current level displays a negative indicator. CP credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.

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