Capital Power Co. (OTCMKTS:CPXWF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Capital Power Co. (OTCMKTS:CPXWF) have received a consensus recommendation of “Moderate Buy” from the nine brokerages that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company.

A number of equities research analysts recently weighed in on the stock. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Capital Power in a report on Thursday, April 16th. Desjardins reaffirmed a “buy” rating on shares of Capital Power in a report on Thursday, January 8th.

Capital Power Stock Up 2.1%

CPXWF opened at $47.65 on Thursday. The company has a fifty day simple moving average of $46.79 and a 200 day simple moving average of $45.99. Capital Power has a twelve month low of $35.55 and a twelve month high of $52.82.

Capital Power Company Profile

Capital Power is an independent power producer that develops, acquires, operates and optimizes power generation facilities in North America. The company’s diversified fleet includes natural gas, coal, wind and solar facilities, with a total generating capacity of approximately 6,500 megawatts. Capital Power’s portfolio serves baseload and peaking requirements as well as renewable energy mandates, providing reliable electricity to utilities, municipalities and large industrial customers under long-term power purchase agreements.

Headquartered in Edmonton, Alberta, Capital Power operates in key markets across Canada and the United States.