Capital Power (TSE:CPX) Price Target Increased to C$48.00 by Analysts at National Bankshares

Capital Power (TSE:CPXGet Rating) had its price objective hoisted by National Bankshares from C$47.00 to C$48.00 in a research note published on Wednesday, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

CPX has been the subject of a number of other reports. TD Securities upped their price target on Capital Power from C$50.00 to C$51.00 and gave the stock a buy rating in a report on Tuesday. CIBC increased their price target on shares of Capital Power from C$44.00 to C$45.00 and gave the company a neutral rating in a report on Tuesday. Scotiabank raised their price target on shares of Capital Power from C$44.00 to C$45.00 in a research report on Tuesday. ATB Capital upped their price objective on shares of Capital Power from C$44.00 to C$45.00 and gave the company a sector perform rating in a research report on Tuesday. Finally, Raymond James set a C$48.50 target price on Capital Power and gave the stock a market perform rating in a research report on Tuesday. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of Buy and an average target price of C$46.59.

Capital Power stock opened at C$44.00 on Wednesday. The company has a debt-to-equity ratio of 125.04, a current ratio of 0.98 and a quick ratio of 0.68. Capital Power has a fifty-two week low of C$36.65 and a fifty-two week high of C$45.05. The firm has a fifty day moving average price of C$41.24 and a two-hundred day moving average price of C$40.29. The firm has a market cap of C$5.11 billion and a price-to-earnings ratio of 112.82.

Capital Power (TSE:CPXGet Rating) last posted its quarterly earnings data on Thursday, February 24th. The company reported C$0.47 EPS for the quarter, missing analysts’ consensus estimates of C$0.67 by C($0.20). The firm had revenue of C$672.00 million during the quarter. As a group, sell-side analysts expect that Capital Power will post 2.1 earnings per share for the current year.

In other news, Senior Officer Burness Kathryn Chisholm sold 12,729 shares of the stock in a transaction that occurred on Wednesday, April 6th. The stock was sold at an average price of C$40.94, for a total value of C$521,107.44. Following the completion of the transaction, the insider now directly owns 24,549 shares of the company’s stock, valued at approximately C$1,005,001.69.

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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Analyst Recommendations for Capital Power (TSE:CPX)

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