Capital Power (TSE:CPX) Given a C$74.00 Price Target by National Bankshares Analysts

National Bankshares set a C$74.00 target price on Capital Power (TSE:CPX) in a research note issued to investors on Wednesday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other research analysts have also commented on CPX. Scotiabank lifted their price target on Capital Power from C$75.00 to C$80.00 and gave the stock a “sector perform” rating in a research report on Monday, October 20th. BMO Capital Markets lowered their target price on shares of Capital Power from C$79.00 to C$78.00 and set an “outperform” rating on the stock in a research report on Thursday, December 11th. TD Securities upped their price target on shares of Capital Power from C$72.00 to C$78.00 and gave the company a “buy” rating in a research report on Tuesday, October 28th. ATB Capital upgraded shares of Capital Power from a “sector perform” rating to an “outperform” rating and set a C$75.00 price target for the company in a research report on Thursday, December 11th. Finally, Desjardins raised their price objective on shares of Capital Power from C$80.00 to C$83.00 and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$76.78.

Capital Power Price Performance

Shares of CPX opened at C$59.72 on Wednesday. The company has a debt-to-equity ratio of 136.03, a current ratio of 1.05 and a quick ratio of 0.55. Capital Power has a 1-year low of C$41.87 and a 1-year high of C$73.80. The stock has a market cap of C$9.29 billion, a PE ratio of 21.48, a price-to-earnings-growth ratio of 0.91 and a beta of 0.50. The firm has a fifty day moving average price of C$66.05 and a 200 day moving average price of C$61.69.

Capital Power (TSE:CPX) last posted its earnings results on Wednesday, October 29th. The company reported C$0.94 EPS for the quarter. Capital Power had a return on equity of 15.16% and a net margin of 15.53%.The business had revenue of C$1.20 billion for the quarter. As a group, sell-side analysts anticipate that Capital Power will post 2.8197088 EPS for the current year.

Capital Power Company Profile

Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S.