Capital Power (TSE:CPX - Get Free Report) was upgraded by stock analysts at Cibc World Mkts from a "hold" rating to a "strong-buy" rating in a report released on Tuesday,Zacks.com reports.
CPX has been the topic of several other research reports. CIBC raised Capital Power from a "neutral" rating to an "outperform" rating and lowered their target price for the company from C$68.00 to C$64.00 in a report on Tuesday. TD Securities upped their target price on Capital Power from C$61.00 to C$70.00 and gave the company a "buy" rating in a report on Wednesday, December 4th. Royal Bank of Canada lowered their target price on 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. Atb Cap Markets lowered Capital Power from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 30th. Finally, Scotiabank upped their target price on Capital Power from C$66.00 to C$69.00 and gave the company an "outperform" rating in a report on Wednesday, December 18th. Five investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Capital Power presently has a consensus rating of "Moderate Buy" and an average price target of C$62.89.
Read Our Latest Analysis on CPX
Capital Power Price Performance
CPX stock traded down C$1.05 on Tuesday, reaching C$53.43. 743,197 shares of the company's stock were exchanged, compared to its average volume of 897,808. The stock has a fifty day moving average of C$58.47 and a 200-day moving average of C$53.82. Capital Power has a twelve month low of C$33.90 and a twelve month high of C$68.73. The firm has a market cap of C$7.55 billion, a PE ratio of 12.70, a P/E/G ratio of 0.91 and a beta of 0.64. The company has a quick ratio of 0.55, a current ratio of 1.05 and a debt-to-equity ratio of 136.03.
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.
Read More
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
