Capital Power Co. (OTCMKTS:CPXWF) Given Average Recommendation of “Moderate Buy” by Brokerages

Capital Power Co. (OTCMKTS:CPXWF) has been given a consensus recommendation of “Moderate Buy” by the eight analysts that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company.

A number of brokerages have issued reports on CPXWF. Evercore ISI started coverage on Capital Power in a research report on Monday, October 6th. They issued an “outperform” rating on the stock. National Bankshares reissued an “outperform” rating on shares of Capital Power in a research note on Thursday, October 30th. Scotiabank restated an “outperform” rating on shares of Capital Power in a report on Monday, October 6th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Capital Power in a research note on Thursday, October 30th. Finally, CIBC reissued an “outperform” rating on shares of Capital Power in a research report on Monday, October 20th.

Capital Power Trading Up 1.2%

CPXWF opened at $44.74 on Friday. Capital Power has a one year low of $30.30 and a one year high of $52.82. The business’s 50 day moving average price is $48.32 and its 200 day moving average price is $43.84.

About Capital Power

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.