BMO Capital Markets Has Lowered Expectations for Capital Power (TSE:CPX) Stock Price

Capital Power (TSE:CPX - Free Report) had its price objective decreased by BMO Capital Markets from C$68.00 to C$64.00 in a report issued on Thursday,BayStreet.CA reports. BMO Capital Markets currently has a market perform rating on the stock.

CPX has been the topic of several other reports. Scotiabank raised their price target on Capital Power from C$66.00 to C$69.00 and gave the stock an "outperform" rating in a research report on Wednesday, December 18th. Atb Cap Markets downgraded Capital Power from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, October 30th. National Bankshares raised their price objective on Capital Power from C$56.00 to C$65.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 18th. ATB Capital raised their price objective on Capital Power from C$57.00 to C$63.00 and gave the stock a "sector perform" rating in a research note on Wednesday, December 18th. Finally, TD Securities raised their price objective on Capital Power from C$61.00 to C$70.00 and gave the stock a "buy" rating in a research note on Wednesday, December 4th. Five investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$62.33.

Capital Power Trading Down 0.7 %

Shares of TSE:CPX traded down C$0.38 during midday trading on Thursday, hitting C$50.36. The company had a trading volume of 1,155,907 shares, compared to its average volume of 936,119. Capital Power has a 12 month low of C$33.90 and a 12 month high of C$68.73. The company has a current ratio of 1.05, a quick ratio of 0.55 and a debt-to-equity ratio of 136.03. The stock has a market cap of C$7.11 billion, a price-to-earnings ratio of 11.97, a PEG ratio of 0.91 and a beta of 0.64. The firm has a fifty day simple moving average of C$57.35 and a 200 day simple moving average of C$54.15.

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.