Canadian Utilities Limited (CU) PT Lowered to C$36.00 at Barclays PLC
Canadian Utilities Limited (TSE:CU) had its price objective decreased by Barclays PLC from C$38.00 to C$36.00 in a research note issued to investors on Wednesday morning. Barclays PLC currently has an underweight rating on the stock.
CU has been the topic of several other reports. TD Securities lifted their price objective on Canadian Utilities Limited from C$37.00 to C$39.00 and gave the company a hold rating in a research report on Thursday, July 28th. CSFB lifted their price objective on Canadian Utilities Limited from C$38.00 to C$42.00 in a research report on Monday, July 25th. RBC Capital Markets boosted their price target on Canadian Utilities Limited from C$37.00 to C$42.00 in a research report on Thursday, July 28th. BMO Capital Markets reissued a market perform rating and issued a C$41.00 price target on shares of Canadian Utilities Limited in a research report on Thursday, July 28th. Finally, National Bank Financial boosted their price target on Canadian Utilities Limited from C$39.00 to C$43.00 in a research report on Monday, July 18th. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. Canadian Utilities Limited has a consensus rating of Hold and a consensus target price of C$40.38.
Shares of Canadian Utilities Limited (TSE:CU) opened at 37.12 on Wednesday. The firm has a 50-day moving average price of $37.16 and a 200-day moving average price of $37.40. The stock has a market capitalization of $9.94 billion and a P/E ratio of 27.06. Canadian Utilities Limited has a 52-week low of $29.49 and a 52-week high of $40.78.
Canadian Utilities Limited Company Profile
Canadian Utilities Limited is an ATCO company. The Company’s segments include Electricity, Pipelines & Liquids and Corporate & Other. The Electricity segment includes businesses of ATCO Electric, ATCO Power and ATCO Power Australia that provide power generation, distributed generation, and electricity distribution, transmission and infrastructure development in northern and central east Alberta, the Yukon, the Northwest Territories and Australia.
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