Canadian Utilities Limited (TSE:CU) had its price objective reduced by Barclays PLC from C$38.00 to C$36.00 in a research note released on Wednesday morning. They currently have an underweight rating on the stock.

Several other analysts have also commented on the stock. Royal Bank Of Canada increased their price target on shares of Canadian Utilities Limited from C$37.00 to C$42.00 in a research report on Thursday, July 28th. TD Securities increased their price target on shares of Canadian Utilities Limited from C$37.00 to C$39.00 and gave the company a hold rating in a research report on Thursday, July 28th. RBC Capital Markets increased their price target on shares of Canadian Utilities Limited from C$37.00 to C$42.00 in a research report on Thursday, July 28th. BMO Capital Markets reaffirmed a market perform rating and issued a C$41.00 price objective on shares of Canadian Utilities Limited in a research report on Thursday, July 28th. Finally, CSFB increased their price objective on shares of Canadian Utilities Limited from C$38.00 to C$42.00 in a research report on Monday, July 25th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company. The stock currently has a consensus rating of Hold and an average target price of C$40.38.

Canadian Utilities Limited (TSE:CU) opened at 36.55 on Wednesday. The stock has a market cap of $9.79 billion and a P/E ratio of 26.64. The firm’s 50-day moving average is $37.30 and its 200 day moving average is $37.39. Canadian Utilities Limited has a one year low of $29.49 and a one year high of $40.78.

About Canadian Utilities Limited

Canadian Utilities Limited is an ATCO company. The Company’s segments include Electricity, Pipelines & Liquids and Corporate & Other. The Electricity segment includes businesses of ATCO Electric, ATCO Power and ATCO Power Australia that provide power generation, distributed generation, and electricity distribution, transmission and infrastructure development in northern and central east Alberta, the Yukon, the Northwest Territories and Australia.

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