National Bank Financial Comments on Atlantic Power Co.’s Q3 2016 Earnings (ATP)
Atlantic Power Co. (TSE:ATP) – Investment analysts at National Bank Financial lifted their Q3 2016 earnings per share (EPS) estimates for shares of Atlantic Power in a research report issued to clients and investors on Wednesday. National Bank Financial analyst R. Merer now expects that the brokerage will post earnings per share of ($0.01) for the quarter, up from their previous estimate of ($0.17).
Separately, TD Securities restated a “hold” rating and set a C$2.75 price objective on shares of Atlantic Power in a research report on Wednesday, August 10th.
Atlantic Power (TSE:ATP) opened at 3.23 on Monday. The firm’s market capitalization is $389.24 million. The company has a 50 day moving average price of $3.29 and a 200 day moving average price of $3.20. Atlantic Power has a 12 month low of $2.19 and a 12 month high of $3.49.
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Atlantic Power Company Profile
Atlantic Power Corporation (Atlantic Power) owns and operates a fleet of power generation assets in the United States and Canada. The Company’s power generation projects sell electricity to utilities and other commercial customers primarily under long-term power purchase agreements (PPAs). Atlantic Power operates through four segments: East U.S., West U.S., Canada and Un-Allocated Corporate.
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