Northland Power, Inc. (OTCMKTS:NPIFF) Receives Consensus Recommendation of “Hold” from Brokerages

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

NPIFF has been the topic of a number of recent analyst reports. TD Securities reaffirmed a “hold” rating on shares of Northland Power in a research note on Friday, May 15th. BMO Capital Markets reissued a “market perform” rating on shares of Northland Power in a research note on Thursday, May 14th. Scotiabank restated a “sector perform” rating on shares of Northland Power in a report on Friday, May 15th. Finally, Desjardins reaffirmed a “hold” rating on shares of Northland Power in a research report on Friday, May 1st.

Northland Power Price Performance

Northland Power stock opened at $15.65 on Friday. Northland Power has a 1 year low of $11.43 and a 1 year high of $18.44. The firm has a 50 day moving average price of $16.04 and a 200 day moving average price of $15.68. The company has a market cap of $4.09 billion and a price-to-earnings ratio of -37.26. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.16 and a current ratio of 1.16.

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.