Canadian Utilities Limited (OTCMKTS:CDUAF) Given Consensus Recommendation of “Hold” by Brokerages

Canadian Utilities Limited (OTCMKTS:CDUAF) has earned a consensus recommendation of “Hold” from the six research firms that are covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a hold rating.

Several equities research analysts recently weighed in on CDUAF shares. BMO Capital Markets restated a “market perform” rating on shares of Canadian Utilities in a research report on Thursday, May 7th. TD Securities reissued a “hold” rating on shares of Canadian Utilities in a research report on Friday, May 8th. Royal Bank Of Canada restated a “sector perform” rating on shares of Canadian Utilities in a report on Thursday, May 7th. Scotiabank reaffirmed a “sector perform” rating on shares of Canadian Utilities in a research report on Tuesday. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Canadian Utilities in a research note on Friday, July 17th.

Canadian Utilities Stock Performance

Shares of Canadian Utilities stock opened at $39.62 on Wednesday. The business has a 50 day moving average of $36.96 and a 200 day moving average of $35.19. Canadian Utilities has a 52 week low of $26.43 and a 52 week high of $41.70.

About Canadian Utilities

Canadian Utilities Limited is a diversified energy infrastructure and utilities company based in Calgary, Alberta. Established in 1912, it is part of the ATCO Group and provides essential services to residential, commercial and industrial customers. The company’s operations span across regulated and non-regulated businesses, with a focus on reliable energy delivery and infrastructure development.

In its utilities segment, Canadian Utilities owns and operates electricity transmission and distribution networks under the ATCO Electric brand, as well as natural gas distribution systems through ATCO Gas.