Canadian Utilities (OTCMKTS:CDUAF) Price Target Lowered to C$37.00 at Scotiabank

Canadian Utilities (OTCMKTS:CDUAF) had its price objective reduced by Scotiabank from C$40.00 to C$37.00 in a research report sent to investors on Monday morning, FlyOnTheWall reports.

Other equities research analysts have also issued research reports about the stock. BMO Capital Markets lowered their target price on shares of Canadian Utilities from C$39.00 to C$38.00 in a report on Friday, July 28th. TD Securities dropped their price objective on shares of Canadian Utilities from C$39.00 to C$37.00 in a report on Friday, July 28th. CIBC reduced their price target on shares of Canadian Utilities from C$40.00 to C$38.00 in a research report on Friday, July 21st. Royal Bank of Canada dropped their price target on shares of Canadian Utilities from C$43.00 to C$40.00 in a research note on Friday, July 28th. Finally, National Bank Financial decreased their price target on Canadian Utilities from C$37.00 to C$36.00 in a report on Monday, July 31st.

Canadian Utilities Trading Up 0.7 %

CDUAF opened at $23.53 on Monday. The company has a 50 day simple moving average of $24.23 and a two-hundred day simple moving average of $26.23. Canadian Utilities has a 1-year low of $22.75 and a 1-year high of $30.66.

Canadian Utilities Company Profile

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, and retail energy businesses in the United States, Australia, and internationally. 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.