Share on StockTwits

Research analysts at BMO Capital Markets boosted their price target on shares of Capital Power (TSE:CPX) to C$27.00 in a report released on Monday. BMO Capital Markets’ price objective suggests a potential downside of 1.68% from the stock’s previous close.

CPX has been the subject of a number of other recent research reports. Analysts at TD Securities raised their price target on shares of Capital Power from C$26.00 to C$27.00 in a research note on Tuesday, July 29th. They now have a “hold” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Capital Power from C$25.00 to C$27.00 in a research note on Tuesday, July 29th. They now have a “sector perform” rating on the stock. Finally, analysts at CIBC raised their price target on shares of Capital Power from C$26.00 to C$29.00 in a research note on Tuesday, July 29th. They now have a “sector outperform” rating on the stock. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of C$28.00.

Capital Power (TSE:CPX) traded up 0.58% on Monday, hitting $27.62. 63,143 shares of the company’s stock traded hands. Capital Power has a one year low of $19.80 and a one year high of $27.59. The stock’s 50-day moving average is $26.52 and its 200-day moving average is $25.28. The company has a market cap of $2.277 billion and a P/E ratio of 13.80.

Capital Power (TSE:CPX) last issued its quarterly earnings data on Monday, July 28th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.16. On average, analysts predict that Capital Power will post $1.17 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, October 31st. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 4.95%.

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

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.