Northland Power, Inc. (OTCMKTS:NPIFF) Receives Consensus Rating of “Hold” from Analysts

Shares of Northland Power, Inc. (OTCMKTS:NPIFF) have earned an average recommendation of “Hold” from the seven analysts that are currently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

Several analysts have commented on NPIFF shares. BMO Capital Markets reiterated a “market perform” rating on shares of Northland Power in a research note on Thursday, May 14th. TD Securities restated a “hold” rating on shares of Northland Power in a research note on Friday, May 15th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Northland Power in a report on Friday, March 27th. Desjardins reaffirmed a “hold” rating on shares of Northland Power in a research report on Friday, May 1st. Finally, Scotiabank reiterated a “sector perform” rating on shares of Northland Power in a report on Friday, May 15th.

Northland Power Price Performance

Shares of OTCMKTS NPIFF opened at $15.50 on Friday. Northland Power has a twelve month low of $11.43 and a twelve month high of $18.44. The firm has a market cap of $4.05 billion and a P/E ratio of -36.90. The company has a 50 day moving average of $16.11 and a 200 day moving average of $15.65. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.37.

Northland Power Company Profile

Northland Power Inc is a Canadian developer, owner and operator of power generation facilities, with a focus on clean and green energy. The company’s portfolio encompasses natural gas–fired, wind, solar and thermal projects, and its operations span from onshore and nearshore facilities in Canada to offshore wind farms in Europe. Northland Power is structured to manage all stages of a project’s lifecycle, from early-stage development and financing through construction and long-term operation.

In Canada, Northland Power operates a mix of combined-cycle gas turbines and peaking plants, as well as solar installations, serving industrial and municipal customers under long-term contracts.