Capital Power Co. (OTCMKTS:CPXWF) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Capital Power Co. (OTCMKTS:CPXWF) have received a consensus rating of “Moderate Buy” from the ten research firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating on the company.

CPXWF has been the subject of several research reports. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Capital Power in a research note on Thursday, April 16th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Capital Power in a research note on Thursday, April 30th.

Capital Power Price Performance

OTCMKTS CPXWF opened at $45.92 on Monday. The business has a 50 day simple moving average of $47.47 and a 200 day simple moving average of $45.64. Capital Power has a 52-week low of $38.63 and a 52-week high of $52.82.

About Capital Power

Capital Power is an independent power producer that develops, acquires, operates and optimizes power generation facilities in North America. The company’s diversified fleet includes natural gas, coal, wind and solar facilities, with a total generating capacity of approximately 6,500 megawatts. Capital Power’s portfolio serves baseload and peaking requirements as well as renewable energy mandates, providing reliable electricity to utilities, municipalities and large industrial customers under long-term power purchase agreements.

Headquartered in Edmonton, Alberta, Capital Power operates in key markets across Canada and the United States.