Capital Power (OTCMKTS:CPXWF) Price Target Cut to C$50.00

Capital Power (OTCMKTS:CPXWFGet Free Report) had its price target cut by Scotiabank from C$52.00 to C$50.00 in a research report issued on Thursday, FlyOnTheWall reports.

Other analysts have also recently issued reports about the company. Credit Suisse Group boosted their price objective on Capital Power from C$54.00 to C$56.00 in a research report on Wednesday, May 10th. National Bank Financial lowered their price target on Capital Power from C$53.00 to C$52.00 in a research note on Tuesday, July 18th. TD Securities lowered their price target on Capital Power from C$52.00 to C$51.00 in a research note on Thursday. BMO Capital Markets lowered their price target on Capital Power from C$47.00 to C$46.00 in a research note on Thursday. Finally, Desjardins lowered their price target on Capital Power from C$58.00 to C$57.00 in a research note on Thursday, July 27th.

Capital Power Stock Performance

Capital Power stock opened at $30.66 on Thursday. Capital Power has a 12 month low of $29.39 and a 12 month high of $39.87. The business has a 50 day simple moving average of $32.44 and a 200-day simple moving average of $32.29.

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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