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

Shares of Capital Power Co. (OTCMKTS:CPXWF) have earned an average recommendation of “Buy” from the nine ratings firms that are currently covering the stock, Marketbeat.com reports. Nine research analysts have rated the stock with a buy recommendation.

A number of research analysts have recently issued reports on CPXWF shares. BMO Capital Markets reissued an “outperform” rating on shares of Capital Power in a report on Thursday, April 30th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Capital Power in a report on Thursday, April 16th.

Capital Power Stock Performance

CPXWF stock traded down $0.62 during trading on Tuesday, hitting $50.88. The company had a trading volume of 160 shares, compared to its average volume of 59,201. The firm has a 50-day moving average price of $49.89 and a 200-day moving average price of $46.83. Capital Power has a 1-year low of $39.08 and a 1-year high of $52.92.

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.