Atlantic Power Corporation (AT) Scheduled to Post Quarterly Earnings on Thursday
Atlantic Power Corporation (NYSE:AT) (TSE:ATP) is set to announce its earnings results after the market closes on Thursday, November 9th. Analysts expect the company to announce earnings of $0.02 per share for the quarter.
A number of equities analysts have recently issued reports on the stock. BidaskClub downgraded shares of Atlantic Power Corporation from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Zacks Investment Research downgraded shares of Atlantic Power Corporation from a “buy” rating to a “hold” rating in a research note on Friday, July 7th. National Bank Financial dropped their price objective on shares of Atlantic Power Corporation from $2.60 to $2.45 and set a “sector perform” rating on the stock in a research note on Wednesday, August 30th. Finally, TD Securities reiterated a “hold” rating and set a $2.50 price objective on shares of Atlantic Power Corporation in a research note on Tuesday, October 17th. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $2.57.
In other Atlantic Power Corporation news, Director Gilbert Samuel Palter acquired 34,700 shares of the company’s stock in a transaction dated Wednesday, September 6th. The shares were purchased at an average cost of $2.38 per share, for a total transaction of $82,586.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have bought 65,600 shares of company stock worth $163,730. Insiders own 1.60% of the company’s stock.
Atlantic Power Corporation 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. Atlantic Power’s segments include East U.S., West U.S. and Canada. The Company’s East U.S.
Receive News & Ratings for Atlantic Power Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlantic Power Corporation and related companies with MarketBeat.com's FREE daily email newsletter.