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

Capital Power Co. (OTCMKTS:CPXWF) has earned a consensus recommendation of “Moderate Buy” from the ten analysts that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company.

Several equities research analysts recently issued reports on CPXWF shares. BMO Capital Markets reiterated an “outperform” rating on shares of Capital Power in a report on Thursday, April 30th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Capital Power in a research note on Thursday, April 16th.

Capital Power Price Performance

CPXWF stock opened at $48.53 on Monday. The business has a fifty day moving average of $47.31 and a two-hundred day moving average of $45.77. Capital Power has a 52-week low of $37.50 and a 52-week high of $52.82.

About Capital Power

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.