Canadian Utilities (TSE:CU) Price Target Raised to C$55.00

Canadian Utilities (TSE:CU) had its price target upped by Canadian Imperial Bank of Commerce from C$53.00 to C$55.00 in a research note issued to investors on Thursday,BayStreet.CA reports.

CU has been the topic of a number of other reports. TD boosted their target price on Canadian Utilities from C$47.00 to C$48.00 and gave the stock a “hold” rating in a research report on Friday, May 8th. Royal Bank Of Canada raised their price target on Canadian Utilities from C$49.00 to C$50.00 and gave the company a “sector perform” rating in a report on Thursday, May 7th. Scotiabank lifted their price objective on Canadian Utilities from C$50.00 to C$53.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 21st. Finally, National Bank Financial upped their price objective on Canadian Utilities from C$46.00 to C$51.00 and gave the stock a “sector perform” rating in a report on Monday, June 1st. Seven analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of C$53.57.

Canadian Utilities Stock Down 1.6%

Shares of CU stock opened at C$55.72 on Thursday. The stock has a market cap of C$15.17 billion, a P/E ratio of 557.20, a PEG ratio of 2.38 and a beta of 0.53. Canadian Utilities has a 52 week low of C$37.13 and a 52 week high of C$56.90. The company has a quick ratio of 1.30, a current ratio of 1.80 and a debt-to-equity ratio of 184.88. The company’s fifty day simple moving average is C$52.51 and its two-hundred day simple moving average is C$49.08.

Canadian Utilities (TSE:CU) last released its quarterly earnings data on Wednesday, July 29th. The company reported C$0.51 EPS for the quarter. The business had revenue of C$914.00 million during the quarter. Canadian Utilities had a net margin of 3.30% and a return on equity of 1.88%. Analysts predict that Canadian Utilities will post 2.4063556 EPS for the current fiscal year.

Canadian Utilities News Roundup

Here are the key news stories impacting Canadian Utilities this week:

• Positive Sentiment: Improved second-quarter performance: Canadian Utilities reported that second-quarter 2026 adjusted earnings and revenue increased year over year. The results, covering the quarter and first half ended June 30, provide a positive fundamental catalyst and support the recent strength in the shares. Canadian Utilities Q2 Adjusted Earnings, Revenue Rise
• Positive Sentiment: Stock reached a 52-week high: Canadian Utilities was among the companies hitting new 52-week highs on news, indicating strong investor momentum following the earnings release and related market developments. ARC, BetterLife, Canadian Utilities Hit 52-Week Highs on News
• Neutral Sentiment: Analysts raised targets but remain cautious: CIBC increased its target to C$55, TD to C$52, National Bank Financial to C$55, BMO Capital Markets to C$55 and RBC to C$58. Ratings remained Hold, Sector Perform or Market Perform, with only RBC’s target implying upside from recent levels. Analyst price-target changes
• Negative Sentiment: Valuation may limit further gains: Four of the five revised targets remain below the recent share price, suggesting analysts believe the stock’s rally has outpaced near-term valuation support. The Hold and sector/market perform ratings also signal limited conviction for additional outperformance.

Canadian Utilities Company Profile

Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company’s main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.