Canadian Utilities Limited (TSE:CU) Director Anthony L. Maher sold 477 shares of the business’s stock in a transaction that occurred on Monday, October 15th. The shares were sold at an average price of C$29.30, for a total value of C$13,976.10.

Shares of TSE:CU opened at C$30.19 on Friday. Canadian Utilities Limited has a fifty-two week low of C$29.12 and a fifty-two week high of C$39.88.

Canadian Utilities (TSE:CU) last announced its quarterly earnings results on Thursday, July 26th. The company reported C$0.39 earnings per share for the quarter. Canadian Utilities had a return on equity of 3.91% and a net margin of 5.70%. The firm had revenue of C$967.00 million for the quarter.

A number of analysts have recently issued reports on CU shares. Industrial Alliance Securities lowered their price objective on Canadian Utilities from C$36.00 to C$32.00 in a research report on Tuesday, October 9th. BMO Capital Markets lowered their price target on Canadian Utilities from C$37.00 to C$35.00 in a research report on Tuesday, September 11th. TD Securities lowered their price target on Canadian Utilities from C$37.00 to C$35.00 and set a “hold” rating on the stock in a research report on Friday, July 27th. CIBC reiterated a “neutral” rating on shares of Canadian Utilities in a research report on Thursday, June 28th. Finally, National Bank Financial lowered their price target on Canadian Utilities from C$38.00 to C$36.00 and set a “sector perform” rating on the stock in a research report on Monday, July 30th. Five equities research analysts have rated the stock with a hold rating, Canadian Utilities has an average rating of “Hold” and a consensus price target of C$36.00.

About Canadian Utilities

Canadian Utilities Limited engages in the electricity, and pipelines and liquids businesses. It operates through Electricity, Pipelines & Liquids, and Corporate & Other segments. The Electricity segment engages in the generation, transmission, and distribution of electricity using coal, natural gas, hydroelectric, and wind resources, as well as related infrastructure development in Western Canada, Ontario, the Yukon, the Northwest Territories, Australia, and Mexico.

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Insider Buying and Selling by Quarter for Canadian Utilities (TSE:CU)

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