Canadian Utilities Limited Forecasted to Earn Q3 2017 Earnings of $0.38 Per Share (CU)
Canadian Utilities Limited (TSE:CU) – Equities researchers at National Bank Financial issued their Q3 2017 earnings per share estimates for Canadian Utilities Limited in a research report issued on Monday. National Bank Financial analyst P. Kenny forecasts that the company will earn $0.38 per share for the quarter. National Bank Financial has a “Sector Perform” rating and a $45.00 price target on the stock.
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Canadian Utilities Limited (TSE CU) opened at 39.52 on Wednesday. Canadian Utilities Limited has a 1-year low of $34.83 and a 1-year high of $42.44. The stock has a 50 day moving average price of $38.71 and a 200 day moving average price of $39.83. The firm has a market cap of $10.64 billion and a P/E ratio of 18.47.
In other news, Director Karen Ann Nielsen acquired 3,000 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The shares were bought at an average cost of C$38.87 per share, with a total value of C$116,610.00. Also, Director Linda A. Southern-Heathcott sold 1,490 shares of the firm’s stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of C$38.05, for a total value of C$56,694.50. Over the last three months, insiders have sold 4,186 shares of company stock worth $162,599.
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).
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