Capital Power (OTCMKTS:CPXWF) Price Target Raised to C$45.00 at Scotiabank

Capital Power (OTCMKTS:CPXWFGet Rating) had its target price raised by Scotiabank from C$44.00 to C$45.00 in a research report released on Tuesday morning, The Fly reports.

A number of other brokerages have also commented on CPXWF. National Bank Financial upped their price objective on Capital Power from C$46.00 to C$47.00 in a report on Wednesday, January 26th. TD Securities upped their price objective on Capital Power from C$50.00 to C$51.00 in a report on Tuesday. Finally, BMO Capital Markets decreased their price objective on Capital Power from C$42.00 to C$41.00 in a report on Friday, February 25th. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of Hold and an average price target of $46.06.

Shares of OTCMKTS CPXWF opened at $34.25 on Tuesday. The stock’s fifty day moving average price is $32.48 and its two-hundred day moving average price is $31.84. Capital Power has a one year low of $28.99 and a one year high of $36.42.

About Capital Power (Get Rating)

Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 6,600 megawatts of power generation capacity at 26 facilities.

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