Capital Power (CPXWF) Projected to Post Earnings on Wednesday

Capital Power (OTCMKTS:CPXWF) is projected to post its results before the market opens on Wednesday, March 4th. Analysts expect Capital Power to post earnings of $0.5020 per share and revenue of $994.3970 million for the quarter.

Capital Power Stock Performance

OTCMKTS CPXWF opened at $46.35 on Monday. The firm’s fifty day moving average is $43.76 and its two-hundred day moving average is $45.17. Capital Power has a one year low of $30.30 and a one year high of $52.82.

Analysts Set New Price Targets

Several analysts have commented on CPXWF shares. ATB Cormark Capital Markets raised Capital Power to an “outperform” rating in a research note on Thursday, December 11th. Desjardins reissued a “buy” rating on shares of Capital Power in a report on Thursday, January 8th. Nine research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Capital Power presently has a consensus rating of “Moderate Buy”.

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.