Canadian Utilities (TSE:CU) Price Target Raised to C$55.00

Canadian Utilities (TSE:CU) had its price target upped by BMO Capital Markets from C$50.00 to C$55.00 in a research note published on Thursday,BayStreet.CA reports. They currently have a market perform rating on the stock.

A number of other analysts have also recently weighed in on CU. National Bank Financial increased their price objective on Canadian Utilities from C$51.00 to C$55.00 and gave the stock a “sector perform” rating in a research report on Thursday. TD boosted their target price on Canadian Utilities from C$48.00 to C$52.00 and gave the company a “hold” rating in a report on Thursday. Canadian Imperial Bank of Commerce boosted their target price on Canadian Utilities from C$53.00 to C$55.00 in a report on Thursday. Scotiabank upped their price target on Canadian Utilities from C$50.00 to C$53.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 21st. Finally, Royal Bank Of Canada increased their price target on Canadian Utilities from C$50.00 to C$58.00 and gave the stock a “sector perform” rating in a report on Thursday. Seven investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Canadian Utilities currently has a consensus rating of “Hold” and a consensus price target of C$53.57.

Canadian Utilities Price Performance

Shares of TSE:CU opened at C$55.72 on Thursday. Canadian Utilities has a one year low of C$37.13 and a one year high of C$56.90. The stock has a market capitalization of C$15.17 billion, a price-to-earnings ratio of 557.20, a PEG ratio of 2.38 and a beta of 0.53. The company has a 50-day simple moving average of C$52.51 and a 200-day simple moving average of C$49.08. The company has a debt-to-equity ratio of 184.88, a quick ratio of 1.30 and a current ratio of 1.80.

Canadian Utilities (TSE:CU) last released its quarterly earnings results on Wednesday, July 29th. The company reported C$0.51 earnings per share (EPS) for the quarter. The firm had revenue of C$914.00 million for the quarter. Canadian Utilities had a return on equity of 1.88% and a net margin of 3.30%. On average, analysts predict that Canadian Utilities will post 2.4063556 EPS for the current year.

More Canadian Utilities News

Here are the key news stories impacting Canadian Utilities this week:

• Positive Sentiment: Improved second-quarter performance: Canadian Utilities reported that second-quarter 2026 adjusted earnings and revenue increased year over year. The results, covering the quarter and first half ended June 30, provide a positive fundamental catalyst and support the recent strength in the shares. Canadian Utilities Q2 Adjusted Earnings, Revenue Rise
• Positive Sentiment: Stock reached a 52-week high: Canadian Utilities was among the companies hitting new 52-week highs on news, indicating strong investor momentum following the earnings release and related market developments. ARC, BetterLife, Canadian Utilities Hit 52-Week Highs on News
• Neutral Sentiment: Analysts raised targets but remain cautious: CIBC increased its target to C$55, TD to C$52, National Bank Financial to C$55, BMO Capital Markets to C$55 and RBC to C$58. Ratings remained Hold, Sector Perform or Market Perform, with only RBC’s target implying upside from recent levels. Analyst price-target changes
• Negative Sentiment: Valuation may limit further gains: Four of the five revised targets remain below the recent share price, suggesting analysts believe the stock’s rally has outpaced near-term valuation support. The Hold and sector/market perform ratings also signal limited conviction for additional outperformance.

About Canadian Utilities

Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company’s main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.