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

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

CDUAF has been the topic of several research reports. TD Securities restated a “hold” rating on shares of Canadian Utilities in a research note on Friday. BMO Capital Markets reiterated a “market perform” rating on shares of Canadian Utilities in a research note on Thursday. Scotiabank reiterated a “sector perform” rating on shares of Canadian Utilities in a research note on Thursday. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Canadian Utilities in a research note on Thursday. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Canadian Utilities in a research note on Monday, April 20th.

Canadian Utilities Trading Down 2.5%

Shares of CDUAF stock traded down $0.90 on Friday, hitting $35.13. The company’s stock had a trading volume of 484 shares, compared to its average volume of 27,632. The stock’s 50 day moving average is $35.49 and its 200-day moving average is $32.47. Canadian Utilities has a fifty-two week low of $26.00 and a fifty-two 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.