GMP Securities upgraded shares of Capital Power Corp (TSE:CPX) from a hold rating to a buy rating in a report published on Friday morning.

Several other analysts also recently commented on the stock. BMO Capital Markets raised their price objective on shares of Capital Power Corp from C$21.50 to C$23.50 and gave the stock a market perform rating in a research report on Friday. CIBC downgraded shares of Capital Power Corp from an outperform rating to a sector perform rating in a research report on Tuesday, October 25th. TD Securities raised 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 report on Tuesday, October 25th. Scotiabank reaffirmed an underperform rating and set a C$18.50 price objective on shares of Capital Power Corp in a research report on Tuesday, October 25th. Finally, Royal Bank Of Canada downgraded shares of Capital Power Corp from a sector outperform rating to a sector perform rating and set a C$21.00 price objective for the company. in a research report on Tuesday, October 25th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of C$22.05.

Shares of Capital Power Corp (TSE:CPX) opened at 23.44 on Friday. Capital Power Corp has a 52-week low of $15.40 and a 52-week high of $23.79. The company has a market capitalization of $2.25 billion and a price-to-earnings ratio of 23.39. The firm’s 50-day moving average is $20.90 and its 200 day moving average is $20.29.

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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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