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Capital Power Corporation (TSE:CPX) was upgraded by Scotiabank to a “sector outperform” rating in a research note issued on Wednesday, AnalystRatingsNetwork.com reports.

CPX has been the subject of a number of other recent research reports. Analysts at CIBC reiterated a “sector outperform” rating on shares of Capital Power Corporation in a research note to investors on Tuesday, December 17th. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Capital Power Corporation in a research note to investors on Friday, December 6th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Capital Power Corporation has a consensus rating of “Buy” and a consensus target price of C$24.00.

Capital Power Corporation (TSE:CPX) traded up 0.09% during mid-day trading on Wednesday, hitting $22.43. 183,373 shares of the company’s stock traded hands. Capital Power Corporation has a 52-week low of $19.76 and a 52-week high of $23.53. The stock has a 50-day moving average of $21.20 and a 200-day moving average of $21.03. The company has a market cap of $1.807 billion and a P/E ratio of 16.24.

Capital Power Corporation (TSE:CPX) is a North American independent power producer.

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