Northland Power, Inc. (OTCMKTS:NPIFF) Given Consensus Rating of “Hold” by Analysts

Shares of Northland Power, Inc. (OTCMKTS:NPIFF) have been given a consensus recommendation of “Hold” by the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

Several equities analysts have weighed in on NPIFF shares. TD Securities restated a “hold” rating on shares of Northland Power in a report on Friday, May 15th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Northland Power in a report on Friday, March 27th. Desjardins reiterated a “hold” rating on shares of Northland Power in a report on Friday, May 1st. Scotiabank reiterated a “sector perform” rating on shares of Northland Power in a report on Friday, May 15th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Northland Power in a report on Thursday, May 14th.

Northland Power Price Performance

OTCMKTS NPIFF opened at $17.20 on Friday. Northland Power has a fifty-two week low of $11.43 and a fifty-two week high of $18.44. The stock’s 50-day moving average is $16.92 and its two-hundred day moving average is $14.88. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market cap of $4.50 billion and a P/E ratio of -40.96.

Northland Power Company Profile

Northland Power Inc is a Canadian developer, owner and operator of power generation facilities, with a focus on clean and green energy. The company’s portfolio encompasses natural gas–fired, wind, solar and thermal projects, and its operations span from onshore and nearshore facilities in Canada to offshore wind farms in Europe. Northland Power is structured to manage all stages of a project’s lifecycle, from early-stage development and financing through construction and long-term operation.

In Canada, Northland Power operates a mix of combined-cycle gas turbines and peaking plants, as well as solar installations, serving industrial and municipal customers under long-term contracts.