Capital Power Co. (TSE:CPX) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Capital Power Co. (TSE:CPX) have been given an average rating of “Moderate Buy” by the ten research firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$63.50.

CPX has been the subject of several research reports. Desjardins raised their price target on shares of Capital Power from C$67.00 to C$68.00 and gave the stock a “buy” rating in a research note on Thursday, May 1st. National Bankshares reduced their target price on shares of Capital Power from C$65.00 to C$62.00 and set an “outperform” rating for the company in a report on Thursday, May 1st. BMO Capital Markets raised shares of Capital Power from a “market perform” rating to an “outperform” rating in a research report on Wednesday, April 23rd. ATB Capital lowered their price target on shares of Capital Power from C$63.00 to C$62.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 27th. Finally, TD Securities cut their price target on shares of Capital Power from C$70.00 to C$66.00 and set a “buy” rating on the stock in a research report on Wednesday, April 23rd.

Capital Power Stock Up 0.7%

Shares of Capital Power stock opened at C$54.17 on Monday. The firm has a market cap of C$7.65 billion, a PE ratio of 12.87, a P/E/G ratio of 0.91 and a beta of 0.64. The business’s 50 day simple moving average is C$48.97 and its 200 day simple moving average is C$54.70. The company has a debt-to-equity ratio of 136.03, a quick ratio of 0.55 and a current ratio of 1.05. Capital Power has a 52-week low of C$37.35 and a 52-week high of C$68.73.

Insider Activity at Capital Power

In other Capital Power news, Senior Officer Jason Daniel Comandante sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of C$52.95, for a total value of C$105,900.00. Also, Senior Officer Jacquelyn Marie Pylypiuk sold 962 shares of the company’s stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of C$53.63, for a total value of C$51,590.14. Over the last three months, insiders sold 8,672 shares of company stock valued at $460,121. 0.17% of the stock is owned by corporate insiders.

Capital Power Company Profile

Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S.