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Stock analysts at Canaccord Genuity cut their target price on shares of Sprott Power (TSE:SPZ) from C$3.75 to C$2.75 in a report issued on Thursday. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price target indicates a potential upside of 180.61% from the stock’s previous close.

Shares of Sprott Power (TSE:SPZ) remained flat at $0.98 during during mid-day trading trading on Thursday. Sprott Power has a 52 week low of $0.84 and a 52 week high of $1.37. The stock’s 50-day moving average is $0. and its 200-day moving average is $0..

Sprott Power Corp., formerly First Asset PowerGen Fund, is a developer, owner and operator of renewable energy projects.

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