Capital Power (TSE:CPX) Price Target Raised to C$73.00 at National Bankshares

Capital Power (TSE:CPX) had its price target increased by National Bankshares from C$66.00 to C$73.00 in a research note published on Thursday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other brokerages have also recently weighed in on CPX. Scotiabank increased their target price on Capital Power from C$75.00 to C$80.00 and gave the company a “sector perform” rating in a report on Monday, October 20th. Royal Bank Of Canada increased their target price on Capital Power from C$67.00 to C$80.00 and gave the company an “outperform” rating in a report on Thursday. ATB Capital increased their target price on Capital Power from C$60.00 to C$68.00 and gave the company a “sector perform” rating in a report on Friday, September 19th. Evercore ISI raised shares of Capital Power to a “strong-buy” rating in a research report on Monday, October 6th. Finally, CIBC dropped their price target on shares of Capital Power from C$85.00 to C$83.00 and set an “outperform” rating for the company in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$74.33.

Capital Power Price Performance

Shares of Capital Power stock opened at C$70.21 on Thursday. Capital Power has a 52-week low of C$41.87 and a 52-week high of C$73.65. The stock has a market capitalization of C$10.89 billion, a price-to-earnings ratio of 22.50, a price-to-earnings-growth ratio of 0.91 and a beta of 0.49. The company has a fifty day moving average of C$64.98 and a 200-day moving average of C$58.86. The company has a debt-to-equity ratio of 136.03, a quick ratio of 0.55 and a current ratio of 1.05.

Capital Power Company Profile

Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S.