Capital Power (TSE:CPX - Get Free Report) had its price target lifted by analysts at CIBC from C$54.00 to C$68.00 in a report released on Monday,BayStreet.CA reports. The firm currently has a "neutral" rating on the stock. CIBC's price target points to a potential upside of 5.75% from the stock's current price.
Several other analysts also recently weighed in on CPX. ATB Capital boosted their price objective on Capital Power from C$57.00 to C$63.00 and gave the company a "sector perform" rating in a research report on Wednesday, December 18th. TD Securities upped 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 report on Wednesday, December 4th. Royal Bank of Canada cut their price target 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. Atb Cap Markets downgraded shares of Capital Power from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, October 30th. Finally, Scotiabank raised their target price 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. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of C$62.78.
Check Out Our Latest Stock Report on Capital Power
Capital Power Trading Up 0.1 %
Shares of TSE CPX traded up C$0.05 during midday trading on Monday, reaching C$64.30. The company had a trading volume of 511,457 shares, compared to its average volume of 499,873. The stock has a market cap of C$8.36 billion, a PE ratio of 12.73, a price-to-earnings-growth ratio of 0.91 and a beta of 0.64. Capital Power has a one year low of C$33.90 and a one year high of C$68.73. The firm's fifty day moving average price is C$59.38 and its 200-day moving average price is C$49.27. The company has a quick ratio of 0.55, a current ratio of 0.88 and a debt-to-equity ratio of 133.46.
Insiders Place Their Bets
In other news, Senior Officer Bryan Deneve sold 6,100 shares of the business's stock in a transaction on Friday, October 4th. The shares were sold at an average price of C$50.55, for a total transaction of C$308,355.00. Company insiders own 0.17% of the company's stock.
Capital Power Company Profile
(
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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.
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