Calpine (CPN) to Release Quarterly Earnings on Friday
Calpine (NYSE:CPN) is scheduled to issue its quarterly earnings data on Friday, August 1st. Parties interested in registering for the company’s conference call can do so using this link.
Calpine (NYSE:CPN) opened at 22.11 on Thursday. Calpine has a one year low of $18.46 and a one year high of $24.24. The stock has a 50-day moving average of $23.17 and a 200-day moving average of $21.50. The company has a market cap of $9.361 billion and a price-to-earnings ratio of 80.76.
A number of analysts have recently weighed in on CPN shares. Analysts at Goldman Sachs upgraded shares of Calpine from a “buy” rating to a “conviction-buy” rating in a research note on Monday. They now have a $27.00 price target on the stock, up previously from $25.00. On a related note, analysts at Jefferies Group reiterated a “hold” rating on shares of Calpine in a research note on Thursday, July 3rd. They now have a $23.00 price target on the stock, down previously from $24.00. Finally, analysts at Zacks downgraded shares of Calpine from an “outperform” rating to a “neutral” rating in a research note on Tuesday, July 1st. They now have a $25.80 price target on the stock. Five research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $25.03.
Calpine Corporation (NYSE:CPN) is an independent wholesale power producer in the United States.
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