Capital Power (OTCMKTS:CPXWF) had its price objective upped by analysts at BMO Capital Markets from $38.00 to $41.00 in a research note issued on Monday, The Fly reports. The brokerage currently has a “market perform” rating on the stock. BMO Capital Markets’ target price points to a potential upside of 28.73% from the stock’s previous close.
CPXWF has been the topic of a number of other reports. Desjardins began coverage on shares of Capital Power in a report on Monday, January 25th. They issued a “buy” rating on the stock. Royal Bank of Canada increased their price objective on shares of Capital Power from $38.00 to $41.00 and gave the company a “sector perform” rating in a research note on Monday. Scotiabank upped their price objective on Capital Power from $40.00 to $42.00 and gave the stock a “sector perform” rating in a research note on Monday. TD Securities lifted their price objective on shares of Capital Power from $43.00 to $44.00 and gave the stock a “buy” rating in a research report on Monday. Finally, National Bank Financial reaffirmed an “outperform” rating on shares of Capital Power in a research report on Wednesday, January 27th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $42.17.
Capital Power stock opened at $31.85 on Monday. Capital Power has a twelve month low of $16.84 and a twelve month high of $32.16. The company’s 50-day moving average price is $29.89 and its 200-day moving average price is $27.62.
Capital Power Corporation develops, acquires, owns, and operates power generation facilities in Canada and the United States. It generates electricity from various energy sources, including natural and landfill gas, coal, wind, waste heat, solid fuels, and solar. The company owns an approximately 6,500 megawatts of power generation capacity at 28 facilities.
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