Canadian Utilities Limited (OTCMKTS:CDUAF) Stock Now Rated “Hold” by Wall Street Brokerages

Shares of Canadian Utilities Limited (OTCMKTS:CDUAF) have received a consensus rating of “Hold” from the six ratings firms that are presently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating.

CDUAF has been the topic of several recent research reports. Scotiabank reiterated a “sector perform” rating on shares of Canadian Utilities in a report on Tuesday, July 21st. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Canadian Utilities in a research report on Friday, July 17th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Canadian Utilities in a research note on Thursday, October 8th. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Canadian Utilities in a research note on Thursday, July 30th.

Canadian Utilities Stock Performance

CDUAF stock opened at $36.93 on Friday. The business has a 50-day moving average price of $35.92 and a 200 day moving average price of $35.90. Canadian Utilities has a 1-year low of $27.79 and a 1-year high of $41.70.

Canadian Utilities Company Profile

Canadian Utilities Limited is a Canadian utility and infrastructure company and a subsidiary of ATCO Ltd. The company develops, owns and operates regulated electricity and natural gas distribution businesses, as well as related energy infrastructure. Its activities support the delivery of essential utility services to residential, commercial and industrial customers.

Canadian Utilities’ operations have historically included electricity generation, transmission and distribution, natural gas distribution, and natural gas transmission and storage.