Capital Power Co. (TSE:CPX) Given Consensus Recommendation of "Hold" by Brokerages

Shares of Capital Power Co. (TSE:CPX - Get Free Report) have been assigned a consensus rating of "Hold" from the ten brokerages that are covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and four have given a 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$63.33.

CPX has been the topic of several recent analyst reports. Royal Bank of Canada dropped their target price on shares of Capital Power from C$54.00 to C$53.00 and set a "sector perform" rating on the stock in a report on Thursday, October 31st. National Bankshares boosted their price objective on Capital Power from C$56.00 to C$65.00 and gave the company an "outperform" rating in a research note 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. TD Securities raised their price objective on shares of Capital Power from C$61.00 to C$70.00 and gave the stock a "buy" rating in a research report on Wednesday, December 4th. Finally, CIBC lifted their price objective on shares of Capital Power from C$54.00 to C$68.00 and gave the company a "neutral" rating in a research note on Monday, December 30th.

Capital Power Trading Down 1.4 %

Capital Power stock traded down C$0.75 during mid-day trading on Friday, hitting C$52.40. 1,031,177 shares of the stock were exchanged, compared to its average volume of 935,288. The stock has a market capitalization of C$6.81 billion, a price-to-earnings ratio of 10.38, a PEG ratio of 0.91 and a beta of 0.64. Capital Power has a 12 month low of C$33.90 and a 12 month high of C$68.73. The company has a quick ratio of 0.55, a current ratio of 0.88 and a debt-to-equity ratio of 133.46. The firm's fifty day simple moving average is C$60.08 and its two-hundred day simple moving average is C$53.15.

Capital Power Company Profile

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.