Canadian Utilities Limited (OTCMKTS:CDUAF) Receives Average Rating of “Hold” from Brokerages

Shares of Canadian Utilities Limited (OTCMKTS:CDUAF) have been assigned a consensus rating of “Hold” from the six brokerages that are covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation.

CDUAF has been the topic of a number of research reports. 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. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Canadian Utilities in a report on Monday, April 20th. TD Securities reiterated a “hold” rating on shares of Canadian Utilities in a report on Friday, May 8th. Finally, Scotiabank reiterated a “sector perform” rating on shares of Canadian Utilities in a report on Thursday, May 7th.

Canadian Utilities Stock Down 3.0%

Shares of Canadian Utilities stock opened at $35.39 on Tuesday. Canadian Utilities has a twelve month low of $26.43 and a twelve month high of $41.70. The firm’s 50-day moving average price is $35.66 and its 200 day moving average price is $33.33.

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.