Capital Power Co. (OTCMKTS:CPXWF) Receives $44.94 Consensus PT from Analysts

Shares of Capital Power Co. (OTCMKTS:CPXWF) have been assigned an average rating of “Hold” from the eleven brokerages that are presently covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $44.94.

Several research firms have recently issued reports on CPXWF. Royal Bank of Canada increased their price objective on shares of Capital Power from C$41.00 to C$44.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 3rd. Raymond James increased their price objective on shares of Capital Power from C$44.00 to C$48.50 and gave the stock an “outperform” rating in a research report on Tuesday, August 3rd. iA Financial lowered shares of Capital Power to a “hold” rating in a research report on Tuesday, August 3rd. BMO Capital Markets raised their price target on shares of Capital Power from C$41.00 to C$42.00 and gave the company a “market perform” rating in a report on Tuesday, August 3rd. Finally, CIBC raised their price target on shares of Capital Power from C$42.00 to C$43.00 and gave the company a “neutral” rating in a report on Tuesday, August 3rd.

Shares of Capital Power stock remained flat at $$34.79 during trading hours on Friday. 52 shares of the stock traded hands, compared to its average volume of 1,660. Capital Power has a 52 week low of $20.75 and a 52 week high of $35.00. The firm has a fifty day moving average price of $33.70 and a two-hundred day moving average price of $32.06.

Capital Power Company Profile

Capital Power Corp. engages in the development, acquisition, construction, operation, and optimization of power generation facilities. Its projects include Halkirk, Port Dover and Nanticoke, Keephills 3, and K2 wind power. The company was founded on May 1, 2009 and is headquartered in Edmonton, Canada.

Further Reading: Institutional Investors

Analyst Recommendations for Capital Power (OTCMKTS:CPXWF)

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