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

Capital Power Co. (OTCMKTS:CPXWF) has been assigned a consensus rating of “Moderate Buy” from the nine ratings firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a hold rating and eight have issued a buy rating on the company.

A number of research analysts recently issued reports on CPXWF shares. Evercore ISI initiated coverage on shares of Capital Power in a research report on Monday, October 6th. They set an “outperform” rating on the stock. Scotiabank reaffirmed an “outperform” rating on shares of Capital Power in a research note on Monday, October 6th. CIBC reiterated an “outperform” rating on shares of Capital Power in a report on Monday, October 20th. ATB Capital upgraded Capital Power to an “outperform” rating in a research note on Thursday, December 11th. Finally, TD Securities reaffirmed a “buy” rating on shares of Capital Power in a research note on Thursday, October 30th.

Capital Power Price Performance

Shares of CPXWF opened at $42.74 on Friday. Capital Power has a 52-week low of $30.30 and a 52-week high of $52.82. The business’s 50 day moving average price is $44.84 and its two-hundred day moving average price is $44.76.

Capital Power Company Profile

Capital Power is an independent power producer that develops, acquires, operates and optimizes power generation facilities in North America. The company’s diversified fleet includes natural gas, coal, wind and solar facilities, with a total generating capacity of approximately 6,500 megawatts. Capital Power’s portfolio serves baseload and peaking requirements as well as renewable energy mandates, providing reliable electricity to utilities, municipalities and large industrial customers under long-term power purchase agreements.

Headquartered in Edmonton, Alberta, Capital Power operates in key markets across Canada and the United States.