Capital Power Co. (OTCMKTS:CPXWF) Given Average Rating of “Moderate Buy” by Brokerages

Capital Power Co. (OTCMKTS:CPXWF) has been given a consensus recommendation of “Moderate Buy” by the ten brokerages that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and nine have given a buy recommendation to the company.

CPXWF has been the topic of a number of recent analyst reports. CIBC reiterated an “outperform” rating on shares of Capital Power in a research note on Monday, October 20th. Royal Bank Of Canada restated an “outperform” rating on shares of Capital Power in a research note on Thursday, October 30th. TD Securities reiterated a “buy” rating on shares of Capital Power in a research note on Thursday, October 30th. National Bankshares reissued an “outperform” rating on shares of Capital Power in a research report on Thursday, October 30th. Finally, ATB Capital upgraded Capital Power to an “outperform” rating in a research note on Thursday, December 11th.

Capital Power Stock Up 4.3%

CPXWF opened at $45.49 on Wednesday. Capital Power has a 1 year low of $30.30 and a 1 year high of $52.82. The firm’s fifty day moving average price is $43.41 and its two-hundred day moving average price is $44.99.

About Capital Power

Capital Power is an independent power producer that develops, acquires, operates and optimizes power generation facilities in North America. The company’s diversified fleet includes natural gas, coal, wind and solar facilities, with a total generating capacity of approximately 6,500 megawatts. Capital Power’s portfolio serves baseload and peaking requirements as well as renewable energy mandates, providing reliable electricity to utilities, municipalities and large industrial customers under long-term power purchase agreements.

Headquartered in Edmonton, Alberta, Capital Power operates in key markets across Canada and the United States.