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

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

CDUAF has been the topic of a number of recent analyst reports. BMO Capital Markets reaffirmed a “market perform” rating on shares of Canadian Utilities in a research report on Thursday, July 30th. TD Securities reissued a “hold” rating on shares of Canadian Utilities in a research report on Friday, May 8th. Royal Bank Of Canada restated a “sector perform” rating on shares of Canadian Utilities in a report on Thursday, July 30th. Scotiabank restated a “sector perform” rating on shares of Canadian Utilities in a research report on Tuesday, July 21st. Finally, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Canadian Utilities in a research note on Friday, July 17th.

Canadian Utilities Stock Down 2.0%

OTCMKTS CDUAF opened at $37.94 on Friday. Canadian Utilities has a 12 month low of $26.43 and a 12 month high of $41.70. The firm’s 50-day moving average is $37.93 and its two-hundred day moving average is $36.17.

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.