Capital Power Corp (CPX) Price Target Increased to C$28.00 by Analysts at National Bank Financial
Capital Power Corp (TSE:CPX) had its target price raised by National Bank Financial from C$24.00 to C$28.00 in a research report released on Friday morning. They currently have an outperform rating on the stock.
Several other analysts have also issued reports on the company. Royal Bank Of Canada lowered Capital Power Corp from a sector outperform rating to a sector perform rating and set a C$21.00 target price on the stock. in a report on Tuesday, October 25th. Scotiabank reissued an underperform rating and set a C$18.50 target price on shares of Capital Power Corp in a report on Tuesday, October 25th. CIBC lowered Capital Power Corp from an outperform rating to a sector perform rating in a report on Tuesday, October 25th. TD Securities increased their target price on Capital Power Corp from C$20.00 to C$21.00 and gave the stock a hold rating in a report on Tuesday, October 25th. Finally, GMP Securities raised Capital Power Corp from a hold rating to a buy rating in a report on Friday, November 25th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of C$22.14.
Shares of Capital Power Corp (TSE:CPX) opened at 23.34 on Friday. The firm’s 50-day moving average price is $20.98 and its 200 day moving average price is $20.36. Capital Power Corp has a one year low of $15.40 and a one year high of $23.79. The company has a market capitalization of $2.24 billion and a PE ratio of 23.29.
About Capital Power Corp
Capital Power Corp (Capital Power) is a power producing company. The Company develops, acquires, operates and optimizes power generation from a range of energy sources. It operates through the operation of electrical generation facilities within Canada (Alberta, British Columbia and Ontario) and in the United States (North Carolina and New Mexico) segment.
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