Canadian Utilities Limited (CU) Given Consensus Recommendation of “Hold” by Analysts
Canadian Utilities Limited (TSE:CU) has been assigned an average recommendation of “Hold” from the seven ratings firms that are covering the company. Three analysts have rated the stock with a hold rating. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is C$39.67.
A number of research firms recently commented on CU. Desjardins upped their price objective on Canadian Utilities Limited from C$38.00 to C$39.00 in a research report on Monday, March 6th. TD Securities upped their price objective on Canadian Utilities Limited from C$37.00 to C$39.00 and gave the company a “hold” rating in a research report on Monday, March 6th.
Shares of Canadian Utilities Limited (TSE:CU) opened at 38.77 on Friday. The company has a 50-day moving average price of $38.54 and a 200-day moving average price of $37.06. The stock has a market capitalization of $10.39 billion and a price-to-earnings ratio of 18.82. Canadian Utilities Limited has a 52-week low of $34.48 and a 52-week high of $40.78.
In other Canadian Utilities Limited news, Director Brian P. Shkrobot sold 1,000 shares of the business’s stock in a transaction dated Wednesday, March 15th. The stock was sold at an average price of C$38.93, for a total transaction of C$38,930.00.
COPYRIGHT VIOLATION WARNING: “Canadian Utilities Limited (CU) Given Consensus Recommendation of “Hold” by Analysts” was published by Watch List News and is owned by of Watch List News. If you are reading this report on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright law. The correct version of this report can be read at http://www.watchlistnews.com/canadian-utilities-limited-cu-given-consensus-recommendation-of-hold-by-analysts/1206840.html.
Canadian Utilities Limited Company Profile
Canadian Utilities Limited is a global enterprise company. Its segments include Electricity, Pipeline & Liquids, and Corporate & Other. Its Electricity segment’s activities are conducted through two regulated businesses; ATCO Electric Distribution and ATCO Electric Transmission, and three non-regulated businesses, ATCO Power, ATCO Power Australia and Alberta PowerLine (APL).
Receive News & Ratings for Canadian Utilities Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Utilities Limited and related companies with Analyst Ratings Network's FREE daily email newsletter.