Capital Power Co. (OTCMKTS:CPXWF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Capital Power Co. (OTCMKTS:CPXWF) have been assigned a consensus recommendation of “Moderate Buy” from the ten analysts that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and nine have issued a buy rating on the company.

Several equities research analysts have recently issued reports on CPXWF shares. CIBC reissued an “outperform” rating on shares of Capital Power in a research note on Monday, October 20th. National Bankshares reiterated an “outperform” rating on shares of Capital Power in a research report on Thursday, October 30th. Scotiabank restated an “outperform” rating on shares of Capital Power in a research report on Monday, October 6th. Evercore ISI assumed coverage on Capital Power in a research note on Monday, October 6th. They set an “outperform” rating for the company. Finally, Desjardins reissued a “buy” rating on shares of Capital Power in a research note on Thursday, January 8th.

Capital Power Price Performance

Shares of OTCMKTS CPXWF opened at $44.00 on Wednesday. The company’s fifty day moving average price is $43.54 and its 200 day moving average price is $45.01. Capital Power has a 1 year low of $30.30 and a 1 year high of $52.82.

About Capital Power

Capital Power is an independent power producer that develops, acquires, operates and optimizes power generation facilities in North America. The company’s diversified fleet includes natural gas, coal, wind and solar facilities, with a total generating capacity of approximately 6,500 megawatts. Capital Power’s portfolio serves baseload and peaking requirements as well as renewable energy mandates, providing reliable electricity to utilities, municipalities and large industrial customers under long-term power purchase agreements.

Headquartered in Edmonton, Alberta, Capital Power operates in key markets across Canada and the United States.