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

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

A number of research firms have recently issued reports on CPXWF. ATB Cormark Capital Markets upgraded Capital Power to an “outperform” rating in a research report on Thursday, December 11th. Desjardins reiterated a “buy” rating on shares of Capital Power in a research report on Thursday, January 8th.

Capital Power Price Performance

CPXWF opened at $47.28 on Thursday. The company’s 50 day simple moving average is $44.40 and its two-hundred day simple moving average is $45.41. Capital Power has a 1-year low of $30.30 and a 1-year high of $52.82.

Capital Power Company Profile

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.