Capital Power Co. (TSE:CPX) Receives Consensus Rating of "Moderate Buy" from Analysts

Shares of Capital Power Co. (TSE:CPX - Get Free Report) have earned a consensus rating of "Moderate Buy" from the eleven analysts that are covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$62.33.

A number of research analysts recently weighed in on CPX shares. Scotiabank upped their price target on Capital Power from C$66.00 to C$69.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 18th. CIBC upgraded Capital Power from a "neutral" rating to an "outperform" rating and cut their target price for the stock from C$68.00 to C$64.00 in a report on Tuesday, February 18th. TD Securities boosted their price target on shares of Capital Power from C$61.00 to C$70.00 and gave the company a "buy" rating in a research note on Wednesday, December 4th. Cibc World Mkts raised shares of Capital Power from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 18th. Finally, Desjardins boosted their target price on shares of Capital Power from C$66.00 to C$69.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th.

Capital Power Stock Up 2.5 %

Shares of Capital Power stock traded up C$1.23 during trading on Friday, reaching C$49.48. 638,713 shares of the company traded hands, compared to its average volume of 945,287. The company has a 50 day moving average price of C$50.90 and a 200-day moving average price of C$54.83. Capital Power has a 1-year low of C$33.90 and a 1-year high of C$68.73. The firm has a market capitalization of C$6.99 billion, a PE ratio of 11.76, a P/E/G ratio of 0.91 and a beta of 0.64. The company has a debt-to-equity ratio of 136.03, a current ratio of 1.05 and a quick ratio of 0.55.

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About Capital Power

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.