Canadian Utilities Limited (TSE:CU – Get Rating) – Research analysts at National Bank Financial issued their Q1 2022 earnings per share estimates for Canadian Utilities in a report released on Monday, April 25th. National Bank Financial analyst P. Kenny anticipates that the company will earn $0.76 per share for the quarter.
A number of other equities research analysts have also issued reports on CU. TD Securities lowered shares of Canadian Utilities from a “buy” rating to a “hold” rating and set a C$39.00 target price for the company. in a research note on Friday, April 1st. National Bankshares cut their price target on Canadian Utilities from C$37.00 to C$36.00 in a report on Wednesday, January 26th. Credit Suisse Group raised their target price on Canadian Utilities to C$41.00 and gave the stock a “neutral” rating in a report on Wednesday, April 13th. CIBC boosted their price objective on shares of Canadian Utilities from C$38.00 to C$40.00 in a research report on Thursday, April 21st. Finally, CSFB raised their target price on shares of Canadian Utilities from C$39.00 to C$41.00 in a research note on Wednesday, April 13th. Eight research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of C$37.89.
Canadian Utilities (TSE:CU – Get Rating) last released its quarterly earnings data on Wednesday, February 23rd. The company reported C$0.71 EPS for the quarter, topping analysts’ consensus estimates of C$0.68 by C$0.03. The firm had revenue of C$1.03 billion for the quarter.
About Canadian Utilities (Get Rating)
Canadian Utilities Limited and its subsidiaries engage in the electricity, natural gas, and retail energy businesses worldwide. It operates through Utilities, Energy Infrastructure, and Corporate & Other segments. The Utilities segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, and the Northwest Territories; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.
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