Capital Power Co. (OTCMKTS:CPXWF) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Capital Power Co. (OTCMKTS:CPXWF) have earned a consensus recommendation of “Moderate Buy” from the ten analysts that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company.

Several research analysts have issued reports on the stock. BMO Capital Markets reaffirmed an “outperform” rating on shares of Capital Power in a report on Thursday, April 30th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Capital Power in a report on Thursday, April 16th.

Capital Power Stock Down 1.0%

Shares of Capital Power stock opened at $51.29 on Friday. Capital Power has a 52-week low of $39.08 and a 52-week high of $52.82. The company has a 50-day simple moving average of $48.43 and a two-hundred day simple moving average of $45.66.

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.