Capital Power Corp (CPX) Price Target Increased to C$28.00 by Analysts at National Bank Financial
Capital Power Corp (TSE:CPX) had its price target raised by research analysts at National Bank Financial from C$24.00 to C$28.00 in a report released on Friday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price target indicates a potential upside of 30.90% from the stock’s previous close.
CPX has been the subject of a number of other reports. Royal Bank Of Canada lowered shares of Capital Power Corp from a “sector outperform” rating to a “sector perform” rating and set a C$21.00 target price for the company. in a research note on Tuesday, October 25th. Scotiabank reaffirmed an “underperform” rating and issued a C$18.50 target price on shares of Capital Power Corp in a research note on Tuesday, October 25th. BMO Capital Markets upped their target price on shares of Capital Power Corp from C$20.00 to C$21.50 and gave the stock a “market perform” rating in a research note on Tuesday, October 25th. CIBC downgraded shares of Capital Power Corp from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, October 25th. Finally, TD Securities increased their price objective on shares of Capital Power Corp from C$20.00 to C$21.00 and gave the stock a “hold” rating in a research note on Tuesday, October 25th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Capital Power Corp has an average rating of “Hold” and a consensus price target of C$22.05.
Capital Power Corp (TSE:CPX) traded up 7.11% during midday trading on Friday, reaching $22.91. The company had a trading volume of 1,287,157 shares. The stock’s 50 day moving average price is $20.83 and its 200-day moving average price is $20.25. Capital Power Corp has a one year low of $15.40 and a one year high of $23.79. The firm has a market capitalization of $2.20 billion and a P/E ratio of 22.86.
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About Capital Power Corp
Capital Power Corp (Capital Power) is a power producing company. The Company develops, acquires, operates and optimizes power generation from a range of energy sources. It operates through the operation of electrical generation facilities within Canada (Alberta, British Columbia and Ontario) and in the United States (North Carolina and New Mexico) segment.
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