Capital Power (TSE:CPX – Get Free Report) had its price objective dropped by equities researchers at Scotiabank from C$52.00 to C$50.00 in a research report issued on Thursday, BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. Scotiabank’s target price suggests a potential upside of 24.44% from the stock’s current price.
CPX has been the subject of a number of other reports. Royal Bank of Canada dropped their price objective on Capital Power from C$50.00 to C$48.00 and set a “sector perform” rating for the company in a report on Friday, June 30th. CIBC dropped their price objective on Capital Power from C$50.00 to C$49.00 and set a “neutral” rating for the company in a report on Friday, July 21st. National Bankshares dropped their price objective on Capital Power from C$53.00 to C$52.00 in a report on Tuesday, July 18th. Finally, ATB Capital dropped their price objective on Capital Power from C$50.00 to C$48.00 and set a “sector perform” rating for the company in a report on Thursday, July 20th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of C$50.18.
Capital Power Trading Up 0.4 %
Shares of Capital Power stock opened at C$40.18 on Thursday. Capital Power has a fifty-two week low of C$39.30 and a fifty-two week high of C$51.90. The firm has a market cap of C$4.70 billion, a PE ratio of 17.78, a P/E/G ratio of 0.91 and a beta of 0.56. The business’s fifty day moving average is C$42.72 and its two-hundred day moving average is C$43.30. The company has a quick ratio of 0.55, a current ratio of 0.79 and a debt-to-equity ratio of 129.45.
Capital Power Company Profile
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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