Deutsche Bank's Markets Research team initiates coverage of the Canadian railroad industry, recommending a buy on Canadian Pacific (CP) and a sell on Canadian National (CNI). The report forecasts CP to grow EPS at double the rate of CNI through 2019, driven by market share and earnings trajectory. The report includes a primer on the Canadian rail industry and detailed analysis of CP and CNI.
documents/vol00010-efta01371087-pdf.pdf
{"title":"Initiation of Coverage: Flipping the Script - Buy CP, Sell CNI","key_people":["Seldon Clarke","Amit Mehrotra","Kenya Watson","Chris Snyder"],"document_date":"2017-10-31","document_type":"correspondence","key_locations":["North America","Canada"],"document_subtype":"research report","key_organizations":["Deutsche Bank","Canadian Pacific","Canadian National"],"reference_numbers":["DB-SDNY-0064271","SDNY_GM_00210455","EFTA01371087"]}