Capital Power Co. (TSE:CPX) Given Average Recommendation of “Moderate Buy” by Analysts

Capital Power Co. (TSE:CPX) has earned an average recommendation of “Moderate Buy” from the eleven analysts that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is C$74.33.

Several equities analysts have recently issued reports on CPX shares. Scotiabank lifted their price objective on shares of Capital Power from C$75.00 to C$80.00 and gave the stock a “sector perform” rating in a research note on Monday, October 20th. TD Securities raised their target price on shares of Capital Power from C$72.00 to C$78.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. CIBC dropped their price target on Capital Power from C$85.00 to C$83.00 and set an “outperform” rating on the stock in a report on Thursday, October 30th. Royal Bank Of Canada increased their price objective on Capital Power from C$67.00 to C$80.00 and gave the company an “outperform” rating in a research report on Thursday, October 30th. Finally, ATB Capital lifted their target price on Capital Power from C$60.00 to C$68.00 and gave the stock a “sector perform” rating in a report on Friday, September 19th.

Capital Power Price Performance

Shares of Capital Power stock opened at C$67.89 on Monday. Capital Power has a 52 week low of C$41.87 and a 52 week high of C$73.80. The company has a current ratio of 1.05, a quick ratio of 0.55 and a debt-to-equity ratio of 136.03. The stock has a market cap of C$10.56 billion, a PE ratio of 24.42, a price-to-earnings-growth ratio of 0.91 and a beta of 0.54. The company’s 50-day moving average price is C$66.45 and its two-hundred day moving average price is C$60.00.

Capital Power Company Profile

Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S.