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

Shares of Canadian Utilities Limited (OTCMKTS:CDUAF) have been assigned a consensus rating of “Hold” from the six analysts that are currently covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a hold rating.

A number of equities analysts recently weighed in on CDUAF shares. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Canadian Utilities in a research note on Thursday, July 30th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Canadian Utilities in a research note on Friday, July 17th. BMO Capital Markets restated a “market perform” rating on shares of Canadian Utilities in a report on Thursday, July 30th. Finally, Scotiabank reaffirmed a “sector perform” rating on shares of Canadian Utilities in a research report on Tuesday, July 21st.

Canadian Utilities Price Performance

Shares of CDUAF stock opened at $34.78 on Monday. Canadian Utilities has a 12-month low of $26.43 and a 12-month high of $41.70. The firm has a fifty day moving average of $37.08 and a 200-day moving average of $36.67.

About Canadian Utilities

Canadian Utilities Limited is a Canadian regulated utility company and a subsidiary of ATCO Ltd. The company provides essential electricity and natural gas services, with operations spanning generation, transmission, distribution, storage and retail energy services.

Its electricity business supports power generation and the transmission and distribution of electricity to customers, while its natural gas operations include transmission, storage and distribution infrastructure. Canadian Utilities primarily serves customers in Canada, including residential, commercial and industrial users, with a significant presence in Alberta.

Founded in 1927, Canadian Utilities has developed into a diversified utility operator through the expansion of regulated energy infrastructure and related services.