Capital Power (TSE:CPX - Get Free Report) had its price objective decreased by research analysts at ATB Capital from C$63.00 to C$62.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The firm presently has a "sector perform" rating on the stock. ATB Capital's target price suggests a potential upside of 23.11% from the company's previous close.
A number of other equities research analysts have also recently issued reports on CPX. Atb Cap Markets cut Capital Power from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 30th. TD Securities boosted their price objective on Capital Power from C$61.00 to C$70.00 and gave the stock a "buy" rating in a report on Wednesday, December 4th. Scotiabank boosted their price objective on Capital Power from C$66.00 to C$69.00 and gave the stock an "outperform" rating in a report on Wednesday, December 18th. Desjardins boosted their price target on Capital Power from C$66.00 to C$69.00 and gave the company a "buy" rating in a research note on Thursday, January 30th. Finally, Cibc World Mkts upgraded Capital Power from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 18th. Five equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$62.33.
Get Our Latest Stock Report on Capital Power
Capital Power Stock Performance
Capital Power stock traded down C$0.38 during midday trading on Thursday, reaching C$50.36. 1,155,907 shares of the company's stock were exchanged, compared to its average volume of 936,119. Capital Power has a 52 week low of C$33.90 and a 52 week high of C$68.73. The company has a debt-to-equity ratio of 136.03, a quick ratio of 0.55 and a current ratio of 1.05. The firm has a market cap of C$7.11 billion, a price-to-earnings ratio of 11.97, a P/E/G ratio of 0.91 and a beta of 0.64. The stock's 50-day simple moving average is C$57.35 and its 200 day simple moving average is C$54.15.
About Capital Power
(
Get Free Report)
Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities.
See Also
Before you consider Capital Power, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Capital Power wasn't on the list.
While Capital Power currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
