Capital Power Co. (TSE:CPX) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Capital Power Co. (TSE:CPX) have received an average recommendation of “Moderate Buy” from the eleven analysts that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$75.90.

Several research analysts have recently weighed in on the company. Desjardins set a C$82.00 price target on Capital Power and gave the stock a “top pick” rating in a research note on Tuesday. Wells Fargo & Company set a C$70.00 price target on Capital Power and gave the stock an “equal weight” rating in a research note on Tuesday, May 12th.

Capital Power Stock Performance

Shares of CPX opened at C$69.87 on Friday. The company has a quick ratio of 0.55, a current ratio of 0.69 and a debt-to-equity ratio of 146.00. The business’s 50 day moving average price is C$65.83 and its 200-day moving average price is C$62.68. Capital Power has a 52 week low of C$54.03 and a 52 week high of C$73.80. The stock has a market cap of C$10.93 billion, a P/E ratio of -635.18, a P/E/G ratio of 0.91 and a beta of 0.54.

Capital Power (TSE:CPX) last issued its earnings results on Wednesday, April 29th. The company reported C$0.04 EPS for the quarter. The business had revenue of C$1.18 billion for the quarter. Capital Power had a return on equity of 0.49% and a net margin of 0.66%. Equities research analysts anticipate that Capital Power will post 2.8197088 earnings per share for the current fiscal year.

About Capital Power

Capital Power (TSX: CPX) is a growth-oriented power producer with approximately 12 GW of power generation at 32 facilities, plus battery energy storage across North America. We prioritize safely delivering reliable and affordable power communities can depend on, building lower-carbon power systems, and creating balanced solutions for our energy future.