Alterra Power Corp (TSE:AXY) had its price target boosted by Raymond James Financial, Inc. from C$7.50 to C$8.00 in a research report released on Monday. Raymond James Financial, Inc. currently has an outperform rating on the stock.

A number of other brokerages have also recently issued reports on AXY. RBC Capital Markets set a C$6.00 price target on shares of Alterra Power Corp and gave the stock a sector perform rating in a research note on Tuesday, December 6th. Canaccord Genuity reiterated a speculative buy rating and issued a C$7.00 price target on shares of Alterra Power Corp in a research note on Wednesday, January 25th. Finally, Royal Bank Of Canada reiterated a sector perform rating and issued a C$6.00 price target on shares of Alterra Power Corp in a research note on Tuesday, December 6th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Alterra Power Corp currently has an average rating of Hold and a consensus target price of C$5.56.

Analyst Recommendations for Alterra Power Corp (TSE:AXY)

Alterra Power Corp (TSE:AXY) opened at 5.36 on Monday. The stock has a 50 day moving average of $5.25 and a 200-day moving average of $5.81. Alterra Power Corp has a 52-week low of $4.20 and a 52-week high of $7.50.

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About Alterra Power Corp

Alterra Power Corp. is a leading global renewable energy company.

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