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

Capital Power Co. (OTCMKTS:CPXWF) has been given a consensus recommendation of “Moderate Buy” by the ten analysts that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating on the company.

A number of research firms recently commented on CPXWF. ATB Cormark Capital Markets upgraded shares of Capital Power to an “outperform” rating in a research note on Thursday, December 11th. Desjardins reiterated a “buy” rating on shares of Capital Power in a research report on Thursday, January 8th. Royal Bank Of Canada reissued an “outperform” rating on shares of Capital Power in a research note on Thursday, October 30th. National Bank Financial reaffirmed an “outperform” rating on shares of Capital Power in a research note on Thursday, October 30th. Finally, TD Securities reaffirmed a “buy” rating on shares of Capital Power in a report on Thursday, October 30th.

Capital Power Stock Performance

CPXWF stock opened at $46.61 on Friday. The firm’s 50-day moving average is $43.52 and its two-hundred day moving average is $45.07. Capital Power has a 52 week low of $30.30 and a 52 week high of $52.82.

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.