Canadian Utilities Limited (OTCMKTS:CDUAF) Given Consensus Recommendation of “Hold” by Analysts

Canadian Utilities Limited (OTCMKTS:CDUAF) has received a consensus recommendation of “Hold” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation.

A number of brokerages have recently issued reports on CDUAF. Scotiabank reissued a “sector perform” rating on shares of Canadian Utilities in a research note on Thursday, May 7th. BMO Capital Markets reiterated a “market perform” rating on shares of Canadian Utilities in a research note on Thursday, May 7th. TD Securities reissued a “hold” rating on shares of Canadian Utilities in a report on Friday, May 8th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Canadian Utilities in a research note on Thursday, May 7th. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Canadian Utilities in a report on Monday, April 20th.

Canadian Utilities Price Performance

Canadian Utilities stock opened at $37.31 on Friday. Canadian Utilities has a 12-month low of $26.43 and a 12-month high of $41.70. The firm has a 50 day moving average of $36.29 and a 200 day moving average of $34.38.

Canadian Utilities Company Profile

Canadian Utilities Limited is a diversified energy infrastructure and utilities company based in Calgary, Alberta. Established in 1912, it is part of the ATCO Group and provides essential services to residential, commercial and industrial customers. The company’s operations span across regulated and non-regulated businesses, with a focus on reliable energy delivery and infrastructure development.

In its utilities segment, Canadian Utilities owns and operates electricity transmission and distribution networks under the ATCO Electric brand, as well as natural gas distribution systems through ATCO Gas.