Capital Power Co. (OTCMKTS:CPXWF) Given Consensus Rating of “Hold” by Analysts

Capital Power Co. (OTCMKTS:CPXWF – Get Rating) has been given a consensus rating of “Hold” by the ten brokerages that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $46.00.

Several research firms have issued reports on CPXWF. Royal Bank of Canada boosted their price target on Capital Power from C$42.00 to C$45.00 in a report on Tuesday, May 3rd. TD Securities upped their price objective on Capital Power from C$50.00 to C$51.00 in a research note on Tuesday, May 3rd. National Bank Financial upped their price objective on Capital Power from C$47.00 to C$48.00 in a research note on Wednesday, May 4th. BMO Capital Markets upped their price objective on Capital Power from C$42.00 to C$43.00 in a research note on Tuesday, May 3rd. Finally, Scotiabank upped their price objective on Capital Power from C$44.00 to C$45.00 in a research note on Tuesday, May 3rd.

OTCMKTS:CPXWF traded down $0.16 during mid-day trading on Friday, hitting $35.00. 570 shares of the company traded hands, compared to its average volume of 2,548. The stock’s fifty day moving average price is $33.28 and its 200-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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