Northland Securities Increases Northland Power Price Target to C$18.00 (NPI)
Northland Securities upped their price objective on shares of Northland Power (TSE:NPI) from C$17.50 to C$18.00 in a research note issued on Tuesday, AR Network reports. The firm currently has a “sector perform” rating on the stock. Northland Securities’ price target suggests a potential upside of 4.11% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Cormark upgraded shares of Northland Power from a “market perform” rating to a “buy” rating in a research note on Thursday, March 27th. Analysts at National Bank Financial reiterated a “sector perform” rating on shares of Northland Power in a research note on Monday, March 10th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of C$17.88.
Northland Power (TSE:NPI) traded up 1.10% on Tuesday, hitting $17.48. The stock had a trading volume of 70,940 shares. Northland Power has a 52 week low of $14.07 and a 52 week high of $19.51. The stock has a 50-day moving average of $17.32 and a 200-day moving average of $16.35. The company has a price-to-earnings ratio of 16.01.
Northland Power Inc (TSE:NPI) owns or has an economic interests, through its subsidiaries, in operating power-producing facilities and a pipeline of construction and development projects.
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