Northland Power (TSE:NPI) has been given a C$25.00 price target by equities researchers at BMO Capital Markets in a research report issued on Friday. The brokerage presently has a “market perform” rating on the solar energy provider’s stock. BMO Capital Markets’ price target would indicate a potential upside of 6.93% from the stock’s current price.
Separately, TD Securities increased their price target on shares of Northland Power from C$27.00 to C$28.00 and gave the company an “action list buy” rating in a report on Friday, November 10th.
Shares of Northland Power (TSE NPI) traded up C$0.45 during trading on Friday, reaching C$23.38. 512,156 shares of the company’s stock were exchanged, compared to its average volume of 196,128. Northland Power has a 12-month low of C$21.78 and a 12-month high of C$25.04. The company has a market cap of $4,000.00, a P/E ratio of 15.38 and a beta of 0.22.
In other news, insider Dino Gliosca sold 10,900 shares of the firm’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of C$24.03, for a total transaction of C$261,927.00.
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About Northland Power
Northland Power Inc (Northland) is an independent power producer. The Company develops, finances, builds, owns and operates facilities in Canada and internationally that produce clean and green energy using natural gas, biomass, wind and solar technology. Northland segments include thermal; renewable; managed, which includes management and operations services for Kirkland Lake, Cochrane and Canadian Environmental Energy Corporation (CEEC); offshore wind, including Gemini and Nordsee, and other, which includes investment income and administration of Northland.
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