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

Capital Power Co. (OTCMKTS:CPXWF) has been assigned a consensus rating of “Buy” from the nine brokerages that are covering the firm, Marketbeat.com reports. Nine analysts have rated the stock with a buy rating.

CPXWF has been the topic of several recent analyst reports. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Capital Power in a research report on Thursday, April 16th. BMO Capital Markets restated an “outperform” rating on shares of Capital Power in a research report on Thursday, April 30th.

Capital Power Stock Performance

Shares of CPXWF stock opened at $52.65 on Tuesday. Capital Power has a one year low of $39.08 and a one year high of $52.92. The company’s fifty day moving average price is $49.53 and its 200-day moving average price is $46.61.

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.