Capital Power Co. (OTCMKTS:CPXWF) Given Average Rating of “Buy” by Analysts

Capital Power Co. (OTCMKTS:CPXWF) has received an average rating of “Buy” from the nine ratings firms that are presently covering the firm, Marketbeat.com reports. Nine investment analysts have rated the stock with a buy recommendation.

CPXWF has been the topic of a number of research analyst reports. BMO Capital Markets reiterated an “outperform” rating on shares of Capital Power in a research report on Thursday, July 9th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Capital Power in a research report on Friday, July 17th.

Capital Power Stock Performance

CPXWF stock opened at $48.72 on Wednesday. Capital Power has a fifty-two week low of $39.08 and a fifty-two week high of $53.84. The company’s 50 day moving average price is $50.39 and its 200 day moving average price is $48.22.

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.