Capital Power Co. (OTCMKTS:CPXWF) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Capital Power Co. (OTCMKTS:CPXWF) have been given an average rating of “Moderate Buy” by the ten research firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company.

A number of research analysts recently commented on CPXWF shares. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Capital Power in a research report on Thursday. Desjardins restated a “buy” rating on shares of Capital Power in a research report on Thursday, January 8th.

Capital Power Price Performance

Capital Power stock opened at $48.71 on Thursday. The firm’s 50 day simple moving average is $46.52 and its 200-day simple moving average is $46.01. Capital Power has a fifty-two week low of $33.47 and a fifty-two week 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.