Northland Power, Inc. (OTCMKTS:NPIFF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Northland Power, Inc. (OTCMKTS:NPIFF) have been given a consensus rating of “Moderate Buy” by the eight research firms that are covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company.

A number of research firms have recently weighed in on NPIFF. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Northland Power in a research report on Friday, November 21st. Desjardins lowered Northland Power to a “hold” rating in a research note on Friday, November 14th. TD Securities cut Northland Power from a “buy” rating to a “hold” rating in a report on Friday, November 21st. Scotiabank reiterated a “sector perform” rating on shares of Northland Power in a research report on Friday, November 21st. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Northland Power in a research report on Friday, November 14th.

Northland Power Trading Up 0.4%

Shares of Northland Power stock opened at $14.62 on Friday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a 50-day moving average of $13.65 and a 200-day moving average of $15.02. Northland Power has a 52-week low of $11.43 and a 52-week high of $18.44. The stock has a market cap of $3.82 billion and a PE ratio of -18.05.

Northland Power Company Profile

Northland Power Inc is a Canadian developer, owner and operator of power generation facilities, with a focus on clean and green energy. The company’s portfolio encompasses natural gas–fired, wind, solar and thermal projects, and its operations span from onshore and nearshore facilities in Canada to offshore wind farms in Europe. Northland Power is structured to manage all stages of a project’s lifecycle, from early-stage development and financing through construction and long-term operation.

In Canada, Northland Power operates a mix of combined-cycle gas turbines and peaking plants, as well as solar installations, serving industrial and municipal customers under long-term contracts.