Capital Power Corp (TSE:CPX) is set to issue its quarterly earnings data before the market opens on Wednesday, July 26th. Analysts expect the company to announce earnings of $0.28 per share for the quarter.

Shares of Capital Power Corp (TSE:CPX) opened at 24.41 on Wednesday. Capital Power Corp has a 1-year low of $18.95 and a 1-year high of $26.43. The firm has a market capitalization of $2.36 billion and a price-to-earnings ratio of 16.82. The company’s 50-day moving average is $25.09 and its 200 day moving average is $24.97.

Several research firms recently weighed in on CPX. Scotiabank reissued a “sector perform” rating and set a C$26.00 price objective on shares of Capital Power Corp in a research note on Tuesday, May 2nd. TD Securities reissued a “hold” rating and set a C$26.00 price objective on shares of Capital Power Corp in a research note on Tuesday, May 2nd. Raymond James Financial, Inc. lifted their price objective on shares of Capital Power Corp from C$28.00 to C$30.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 2nd. Finally, BMO Capital Markets lifted their price objective on shares of Capital Power Corp from C$26.00 to C$28.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 25th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of C$25.98.

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Capital Power Corp Company Profile

Capital Power Corporation is a North American power producing company. The Company develops, acquires, operates and optimizes power generation from a range of energy sources. The Company is engaged in the operation of electrical generation facilities within Canada, including Alberta, British Columbia and Ontario, and in the United States, including North Carolina, New Mexico and Kansas.

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