Capital Power Co. (OTCMKTS:CPXWF) Receives Consensus Rating of “Buy” from Analysts

Shares of Capital Power Co. (OTCMKTS:CPXWF) have received an average recommendation of “Buy” from the nine brokerages that are presently covering the company, MarketBeat reports. Nine equities research analysts have rated the stock with a buy recommendation.

Several analysts have recently commented on CPXWF shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Capital Power in a report on Friday, July 17th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Capital Power in a research report on Thursday, July 9th.

Capital Power Trading Down 1.7%

OTCMKTS:CPXWF opened at $43.98 on Friday. Capital Power has a twelve month low of $40.86 and a twelve month high of $53.84. The company has a fifty day moving average of $48.44 and a 200-day moving average of $48.49.

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.