TD Securities Increases Northland Power Inc. (NPI) Price Target to C$28.00
Northland Power Inc. (TSE:NPI) had its price objective lifted by stock analysts at TD Securities from C$27.00 to C$28.00 in a research note issued on Friday. The brokerage currently has an “action list buy” rating on the solar energy provider’s stock. TD Securities’ target price would suggest a potential upside of 16.81% from the stock’s current price.
Other analysts have also recently issued research reports about the company. BMO Capital Markets lifted their price target on Northland Power from C$24.00 to C$24.50 in a research report on Friday, September 8th. Royal Bank Of Canada boosted their price objective on Northland Power from C$22.00 to C$23.00 and gave the company a “sector perform” rating in a report on Wednesday, August 23rd.
Shares of Northland Power (TSE:NPI) opened at C$23.97 on Friday. Northland Power has a 52-week low of C$20.89 and a 52-week high of C$25.04.
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Northland Power Company Profile
Northland Power Inc (Northland) is an independent power producer. The Company develops, finances, builds, owns and operates facilities in Canada and internationally that produce clean and green energy using natural gas, biomass, wind and solar technology. Northland segments include thermal; renewable; managed, which includes management and operations services for Kirkland Lake, Cochrane and Canadian Environmental Energy Corporation (CEEC); offshore wind, including Gemini and Nordsee, and other, which includes investment income and administration of Northland.
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