Northland Power (TSE:NPI - Get Free Report) had its price objective lowered by investment analysts at Scotiabank from C$28.00 to C$25.00 in a research note issued on Thursday,BayStreet.CA reports. Scotiabank's target price indicates a potential upside of 52.72% from the company's previous close.
Other equities analysts have also issued research reports about the company. CIBC decreased their price target on Northland Power from C$31.00 to C$29.00 in a research report on Wednesday, January 8th. Raymond James upgraded shares of Northland Power to a "moderate buy" rating in a report on Friday, November 15th. Finally, National Bankshares cut their price target on shares of Northland Power from C$35.00 to C$34.00 in a report on Wednesday, January 15th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Northland Power presently has an average rating of "Moderate Buy" and a consensus target price of C$28.56.
Read Our Latest Research Report on NPI
Northland Power Price Performance
Shares of TSE:NPI traded down C$0.64 on Thursday, reaching C$16.37. 787,419 shares of the company traded hands, compared to its average volume of 1,129,703. The company has a debt-to-equity ratio of 166.53, a current ratio of 0.86 and a quick ratio of 1.23. The stock has a market capitalization of C$4.22 billion, a PE ratio of 68.21, a P/E/G ratio of 0.71 and a beta of 0.47. The company's 50 day moving average is C$18.59 and its 200-day moving average is C$20.90. Northland Power has a fifty-two week low of C$16.34 and a fifty-two week high of C$24.88.
Northland Power Company Profile
(
Get Free Report)
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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