Northland Power Inc. (TSE:NPI) has been given an average rating of “Hold” by the eight brokerages that are currently covering the company. Four equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$24.79.

A number of analysts have recently issued reports on NPI shares. BMO Capital Markets increased their target price on Northland Power from C$23.00 to C$24.00 and gave the company a “market perform” rating in a report on Thursday, August 11th. FirstEnergy Capital upgraded Northland Power from an “underperform” rating to a “market perform” rating in a report on Friday, August 12th. Finally, TD Securities upgraded Northland Power from a “hold” rating to a “buy” rating and set a C$25.00 target price for the company in a report on Friday, November 11th.

Shares of Northland Power (TSE:NPI) traded up 0.05% on Friday, hitting $21.57. The company’s stock had a trading volume of 77,685 shares. The stock’s 50 day moving average price is $22.90 and its 200 day moving average price is $23.27. Northland Power has a 52 week low of $16.90 and a 52 week high of $25.14. The stock’s market capitalization is $3.72 billion.

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About Northland Power

Northland Power Inc (Northland) is an independent power producer. The Company develops, finances, builds, owns and operates facilities in Canada and internationally that produce clean and green energy using natural gas, biomass, wind and solar technology. Northland segments include thermal; renewable; managed, which includes management and operations services for Kirkland Lake, Cochrane and Canadian Environmental Energy Corporation (CEEC); offshore wind, including Gemini and Nordsee, and other, which includes investment income and administration of Northland.

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