Capital Power Co. (TSE:CPX) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Capital Power Co. (TSE:CPX) have received a consensus rating of “Moderate Buy” from the eleven research firms that are currently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$62.33.

Several research analysts recently weighed in on CPX shares. Scotiabank boosted 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. Desjardins boosted their target price on Capital Power from C$66.00 to C$69.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. TD Securities boosted their target price 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. BMO Capital Markets dropped their price target on Capital Power from C$68.00 to C$64.00 and set a “market perform” rating on the stock in a research note on Thursday, February 27th. Finally, ATB Capital dropped their price target on Capital Power from C$63.00 to C$62.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 27th.

Capital Power Stock Up 3.9 %

Shares of CPX stock opened at C$46.65 on Wednesday. Capital Power has a 1-year low of C$33.90 and a 1-year high of C$68.73. The stock’s fifty day moving average price is C$55.42 and its 200 day moving average price is C$54.35. The company has a debt-to-equity ratio of 136.03, a current ratio of 1.05 and a quick ratio of 0.55. The company has a market cap of C$6.59 billion, a price-to-earnings ratio of 11.08, a price-to-earnings-growth ratio of 0.91 and a beta of 0.64.

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.