Capital Power Co. (TSE:CPX) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Capital Power Co. (TSE:CPX) have earned a consensus rating of “Moderate Buy” from the eleven research firms that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$75.90.

A number of research analysts have recently commented on CPX shares. Desjardins set a C$82.00 target price on Capital Power and gave the company a “top pick” rating in a research note on Tuesday. Wells Fargo & Company set a C$70.00 target price on shares of Capital Power and gave the stock an “equal weight” rating in a research report on Tuesday, May 12th.

Capital Power Stock Up 1.5%

CPX opened at C$69.87 on Friday. The company has a market cap of C$10.93 billion, a P/E ratio of -635.18, a P/E/G ratio of 0.91 and a beta of 0.54. The business’s 50-day moving average price is C$65.83 and its 200-day moving average price is C$62.68. The company has a current ratio of 0.69, a quick ratio of 0.55 and a debt-to-equity ratio of 146.00. Capital Power has a 12 month low of C$54.03 and a 12 month high of C$73.80.

Capital Power (TSE:CPX) last posted its earnings results on Wednesday, April 29th. The company reported C$0.04 earnings per share (EPS) for the quarter. The company had revenue of C$1.18 billion for the quarter. Capital Power had a return on equity of 0.49% and a net margin of 0.66%. On average, equities analysts expect that Capital Power will post 2.8197088 EPS for the current year.

Capital Power Company Profile

Capital Power (TSX: CPX) is a growth-oriented power producer with approximately 12 GW of power generation at 32 facilities, plus battery energy storage across North America. We prioritize safely delivering reliable and affordable power communities can depend on, building lower-carbon power systems, and creating balanced solutions for our energy future.