Canadian Utilities Limited (OTCMKTS:CDUAF) Given Consensus Rating of “Hold” by Analysts

Canadian Utilities Limited (OTCMKTS:CDUAF) has been given an average rating of “Hold” by the six ratings firms that are covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation.

A number of equities analysts have recently commented on CDUAF shares. Scotiabank restated a “sector perform” rating on shares of Canadian Utilities in a research report on Thursday, May 7th. TD Securities reaffirmed a “hold” rating on shares of Canadian Utilities in a research note on Friday, May 8th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Canadian Utilities in a research note on Thursday, May 7th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Canadian Utilities in a research note on Thursday, May 7th. Finally, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Canadian Utilities in a research note on Monday, April 20th.

Canadian Utilities Stock Performance

CDUAF stock opened at $37.50 on Friday. The firm has a 50 day moving average of $36.18 and a 200-day moving average of $34.19. Canadian Utilities has a 12 month low of $26.43 and a 12 month high of $41.70.

Canadian Utilities Company Profile

Canadian Utilities Limited is a diversified energy infrastructure and utilities company based in Calgary, Alberta. Established in 1912, it is part of the ATCO Group and provides essential services to residential, commercial and industrial customers. The company’s operations span across regulated and non-regulated businesses, with a focus on reliable energy delivery and infrastructure development.

In its utilities segment, Canadian Utilities owns and operates electricity transmission and distribution networks under the ATCO Electric brand, as well as natural gas distribution systems through ATCO Gas.