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

Shares of Capital Power Co. (OTCMKTS:CPXWF) have earned an average recommendation of “Moderate Buy” from the ten analysts that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating on the company.

A number of analysts recently weighed in on the stock. Desjardins reaffirmed a “buy” rating on shares of Capital Power in a report on Thursday, January 8th. ATB Cormark Capital Markets upgraded shares of Capital Power to an “outperform” rating in a research note on Thursday, December 11th. National Bank Financial reaffirmed an “outperform” rating on shares of Capital Power in a report on Thursday, October 30th. Royal Bank Of Canada reissued an “outperform” rating on shares of Capital Power in a report on Thursday, October 30th. Finally, TD Securities restated a “buy” rating on shares of Capital Power in a research report on Thursday, October 30th.

Capital Power Trading Up 1.1%

CPXWF stock opened at $46.61 on Friday. Capital Power has a 1 year low of $30.30 and a 1 year high of $52.82. The stock’s fifty day moving average is $43.52 and its two-hundred day moving average is $45.07.

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.