Canadian Utilities Limited (OTCMKTS:CDUAF) Receives Average Rating of “Hold” from Analysts

Canadian Utilities Limited (OTCMKTS:CDUAF) has been assigned an average recommendation of “Hold” from the six brokerages that are presently covering the firm, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation.

CDUAF has been the subject of a number of analyst reports. TD Securities reaffirmed a “hold” rating on shares of Canadian Utilities in a research report on Friday, May 8th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Canadian Utilities in a report on Thursday, May 7th. BMO Capital Markets restated a “market perform” rating on shares of Canadian Utilities in a report on Thursday, May 7th. Scotiabank reaffirmed a “sector perform” rating on shares of Canadian Utilities in a research report on Tuesday. Finally, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Canadian Utilities in a research report on Friday.

Canadian Utilities Stock Performance

CDUAF stock opened at $38.19 on Wednesday. The firm has a 50 day moving average price of $36.72 and a 200-day moving average price of $35.04. Canadian Utilities has a 52-week low of $26.43 and a 52-week high of $41.70.

Canadian Utilities Company Profile

Canadian Utilities Limited is a diversified energy infrastructure and utilities company based in Calgary, Alberta. Established in 1912, it is part of the ATCO Group and provides essential services to residential, commercial and industrial customers. The company’s operations span across regulated and non-regulated businesses, with a focus on reliable energy delivery and infrastructure development.

In its utilities segment, Canadian Utilities owns and operates electricity transmission and distribution networks under the ATCO Electric brand, as well as natural gas distribution systems through ATCO Gas.