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

Shares of Capital Power Co. (OTCMKTS:CPXWF) have earned a consensus rating of “Buy” from the nine brokerages that are covering the stock, MarketBeat.com reports. Nine analysts have rated the stock with a buy recommendation.

A number of equities research analysts recently issued reports on CPXWF shares. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Capital Power in a research note on Friday, July 17th. BMO Capital Markets restated an “outperform” rating on shares of Capital Power in a research report on Thursday, July 9th.

Capital Power Stock Performance

Capital Power stock opened at $49.46 on Friday. The business has a 50 day simple moving average of $51.02 and a 200-day simple moving average of $47.73. Capital Power has a 12 month low of $39.08 and a 12 month high of $53.84.

About Capital Power

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.