Capital Power (OTCMKTS:CPXWF) Given New C$48.00 Price Target at Desjardins

Capital Power (OTCMKTS:CPXWFGet Rating) had its price target hoisted by Desjardins from C$46.00 to C$48.00 in a report released on Wednesday, The Fly reports.

A number of other brokerages also recently issued reports on CPXWF. National Bank Financial raised their price target on shares of Capital Power from C$46.00 to C$47.00 in a report on Wednesday, January 26th. Scotiabank raised their price target on shares of Capital Power from C$44.00 to C$45.00 in a report on Tuesday. Royal Bank of Canada raised their price target on shares of Capital Power from C$42.00 to C$45.00 in a report on Tuesday. BMO Capital Markets increased their price objective on shares of Capital Power from C$42.00 to C$43.00 in a research report on Tuesday. Finally, TD Securities increased their price objective on shares of Capital Power from C$50.00 to C$51.00 in a research report on Tuesday. Seven analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Capital Power currently has a consensus rating of Hold and a consensus target price of $46.28.

CPXWF stock opened at $34.10 on Wednesday. Capital Power has a 12 month low of $28.99 and a 12 month high of $36.42. The firm has a 50-day moving average of $32.55 and a two-hundred day moving average of $31.86.

Capital Power Company Profile (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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