Capital Power Co. (OTCMKTS:CPXWF) Receives Average Recommendation of “Moderate Buy” from Analysts

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

Several brokerages recently issued reports on CPXWF. BMO Capital Markets restated an “outperform” rating on shares of Capital Power in a research report on Thursday, April 30th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Capital Power in a research report on Thursday, April 16th.

Capital Power Stock Performance

Shares of CPXWF stock opened at $45.92 on Monday. Capital Power has a 52-week low of $38.63 and a 52-week high of $52.82. The stock’s 50-day moving average price is $47.47 and its 200 day moving average price is $45.67.

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.