Brokerages Set Capital Power Co. (TSE:CPX) Price Target at C$46.36

Capital Power Co. (TSE:CPXGet Free Report) has been assigned an average recommendation of “Hold” from the ten research firms that are currently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is C$46.36.

Several research analysts have weighed in on CPX shares. Scotiabank cut their price target on Capital Power from C$47.00 to C$45.00 and set a “sector perform” rating for the company in a report on Wednesday, January 17th. ATB Capital cut their price target on Capital Power from C$42.00 to C$41.00 and set a “sector perform” rating for the company in a report on Wednesday, January 17th. Raymond James boosted their price target on Capital Power from C$45.00 to C$46.00 and gave the company a “market perform” rating in a report on Wednesday, November 29th. Desjardins dropped their price objective on Capital Power from C$53.00 to C$51.00 and set a “buy” rating for the company in a report on Tuesday, December 12th. Finally, National Bankshares dropped their price objective on Capital Power from C$48.00 to C$45.00 in a report on Wednesday, January 17th.

View Our Latest Research Report on Capital Power

Capital Power Stock Up 1.3 %

CPX opened at C$37.45 on Tuesday. The stock has a market capitalization of C$4.38 billion, a P/E ratio of 8.51, a price-to-earnings-growth ratio of 0.91 and a beta of 0.59. Capital Power has a one year low of C$35.11 and a one year high of C$46.73. The business’s 50-day simple moving average is C$37.38 and its 200-day simple moving average is C$38.64. The company has a debt-to-equity ratio of 118.49, a quick ratio of 0.55 and a current ratio of 0.85.

Capital Power (TSE:CPXGet Free Report) last announced its quarterly earnings data on Wednesday, November 1st. The company reported C$2.26 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.37 by C$0.89. Capital Power had a return on equity of 17.99% and a net margin of 13.68%. The company had revenue of C$1.15 billion for the quarter. Analysts anticipate that Capital Power will post 2.9013418 EPS for the current year.

Insiders Place Their Bets

In related news, Senior Officer Bryan Deneve sold 1,700 shares of Capital Power stock in a transaction on Monday, December 11th. The shares were sold at an average price of C$37.80, for a total value of C$64,260.00. Insiders own 0.18% of the company’s stock.

Capital Power Company Profile

(Get Free Report

Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts of power generation capacity at 29 facilities.

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Analyst Recommendations for Capital Power (TSE:CPX)

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