Canadian Utilities Limited (OTCMKTS:CDUAF) Given Average Recommendation of “Hold” by Analysts

Shares of Canadian Utilities Limited (OTCMKTS:CDUAF) have received an average rating of “Hold” from the six research firms that are covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation.

Several analysts have weighed in on CDUAF shares. TD Securities reaffirmed a “hold” rating on shares of Canadian Utilities in a research report on Friday, May 8th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Canadian Utilities in a research note on Friday, July 17th. BMO Capital Markets reissued a “market perform” rating on shares of Canadian Utilities in a research note on Thursday, July 30th. Scotiabank reiterated a “sector perform” rating on shares of Canadian Utilities in a report on Tuesday, July 21st. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Canadian Utilities in a report on Thursday, July 30th.

Canadian Utilities Stock Up 0.7%

OTCMKTS:CDUAF opened at $38.73 on Friday. The company has a 50-day moving average price of $37.91 and a 200-day moving average price of $36.16. Canadian Utilities has a 12 month low of $26.43 and a 12 month high of $41.70.

About Canadian Utilities

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.