Shares of Northland Power Inc. (TSE:NPI) have received an average recommendation of “Hold” from the nine brokerages that are presently covering the company. Five investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is C$24.79.

Several equities analysts have weighed in on the stock. TD Securities reiterated a “hold” rating and issued a C$25.00 target price on shares of Northland Power in a report on Wednesday, July 13th. BMO Capital Markets boosted their target price on shares of Northland Power from C$21.00 to C$23.00 in a report on Thursday, July 7th. Canaccord Genuity assumed coverage on shares of Northland Power in a report on Wednesday, July 20th. They issued a “hold” rating and a C$26.00 target price on the stock. Raymond James Financial Inc. decreased their target price on shares of Northland Power to C$27.00 and set a “strong-buy” rating on the stock in a report on Tuesday, June 7th. Finally, National Bank Financial boosted their target price on shares of Northland Power from C$24.00 to C$26.00 in a report on Wednesday, July 13th.

Northland Power (TSE:NPI) opened at 23.51 on Thursday. The company’s 50-day moving average is $24.24 and its 200 day moving average is $22.58. The stock’s market capitalization is $4.04 billion. Northland Power has a one year low of $16.79 and a one year high of $25.14.

About Northland Power

Northland Power Inc (Northland) is an independent power producer. The Company develops, finances, builds, owns and operates facilities in Canada and internationally that produce clean and green energy using natural gas, biomass, wind and solar technology. Northland segments include thermal; renewable; managed, which includes management and operations services for Kirkland Lake, Cochrane and Canadian Environmental Energy Corporation (CEEC); offshore wind, including Gemini and Nordsee, and other, which includes investment income and administration of Northland.

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