Capital Power Co. (OTCMKTS:CPXWF) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Capital Power Co. (OTCMKTS:CPXWF) have been assigned an average rating of “Moderate Buy” from the ten ratings firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company.

Several research firms have issued reports on CPXWF. Evercore ISI assumed coverage on shares of Capital Power in a research report on Monday, October 6th. They set an “outperform” rating for the company. National Bankshares restated an “outperform” rating on shares of Capital Power in a research report on Thursday, October 30th. ATB Capital upgraded Capital Power to an “outperform” rating in a research report on Thursday, December 11th. Scotiabank restated an “outperform” rating on shares of Capital Power in a report on Monday, October 6th. Finally, CIBC reiterated an “outperform” rating on shares of Capital Power in a report on Monday, October 20th.

Capital Power Stock Performance

OTCMKTS CPXWF opened at $45.49 on Wednesday. The stock’s 50-day simple moving average is $43.41 and its two-hundred day simple moving average is $44.99. Capital Power has a twelve month low of $30.30 and a twelve month high of $52.82.

Capital Power Company Profile

Capital Power is an independent power producer that develops, acquires, operates and optimizes power generation facilities in North America. The company’s diversified fleet includes natural gas, coal, wind and solar facilities, with a total generating capacity of approximately 6,500 megawatts. Capital Power’s portfolio serves baseload and peaking requirements as well as renewable energy mandates, providing reliable electricity to utilities, municipalities and large industrial customers under long-term power purchase agreements.

Headquartered in Edmonton, Alberta, Capital Power operates in key markets across Canada and the United States.