Northland Power (TSE:NPI - Get Free Report) had its price objective decreased by National Bankshares from C$34.00 to C$32.00 in a note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the solar energy provider's stock. National Bankshares' price objective indicates a potential upside of 86.26% from the company's current price.
A number of other research firms also recently commented on NPI. CIBC decreased their price target on Northland Power from C$31.00 to C$29.00 in a research note on Wednesday, January 8th. Cormark decreased their price target on Northland Power from C$25.00 to C$23.50 in a research note on Thursday, January 30th. Scotiabank decreased their target price on Northland Power from C$28.00 to C$25.00 in a research note on Thursday, January 30th. Finally, Raymond James upgraded Northland Power to a "moderate buy" rating in a research note on Friday, November 15th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of C$28.31.
View Our Latest Stock Analysis on NPI
Northland Power Stock Down 0.3 %
TSE:NPI traded down C$0.05 during mid-day trading on Tuesday, reaching C$17.18. The stock had a trading volume of 861,461 shares, compared to its average volume of 1,120,936. The company has a market capitalization of C$4.51 billion, a price-to-earnings ratio of -31.47, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47. Northland Power has a 1-year low of C$16.14 and a 1-year high of C$24.88. The stock's 50 day simple moving average is C$17.97 and its two-hundred day simple moving average is C$20.43. The company has a debt-to-equity ratio of 181.28, a current ratio of 1.17 and a quick ratio of 1.23.
Northland Power Company Profile
(
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Northland Power Inc, an independent power producer, develops, builds, owns, and operates clean and green power projects in Canada, Netherlands, Germany, Spain, Colombia, and internationally. The company produces electricity from renewable resources, such as wind and solar, as well as natural gas for sale under power purchase agreements and other revenue arrangements.
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