Canadian Utilities Limited (OTCMKTS:CDUAF) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Canadian Utilities Limited (OTCMKTS:CDUAF) have received an average rating of “Hold” from the six analysts that are presently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating.

Several brokerages have recently weighed in on CDUAF. BMO Capital Markets restated a “market perform” rating on shares of Canadian Utilities in a report on Thursday, July 30th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Canadian Utilities in a research report on Friday, July 17th. Scotiabank restated a “sector perform” rating on shares of Canadian Utilities in a research note on Tuesday, July 21st. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Canadian Utilities in a report on Thursday, July 30th.

Canadian Utilities Price Performance

Canadian Utilities stock opened at $37.20 on Thursday. The business’s fifty day simple moving average is $37.96 and its two-hundred day simple moving average is $36.58. Canadian Utilities has a 12 month low of $26.43 and a 12 month high of $41.70.

Canadian Utilities Company Profile

Canadian Utilities Limited is a diversified energy infrastructure and utilities company based in Calgary, Alberta. Established in 1912, it is part of the ATCO Group and provides essential services to residential, commercial and industrial customers. The company’s operations span across regulated and non-regulated businesses, with a focus on reliable energy delivery and infrastructure development.

In its utilities segment, Canadian Utilities owns and operates electricity transmission and distribution networks under the ATCO Electric brand, as well as natural gas distribution systems through ATCO Gas.