Capital Power Corp (TSE:CPX) had its price objective upped by investment analysts at Scotiabank from C$18.50 to C$21.00 in a research report issued to clients and investors on Friday. The firm presently has a “sector perform” rating on the stock. Scotiabank’s target price points to a potential downside of 10.41% from the company’s current price.

Other analysts also recently issued research reports about the company. National Bank Financial boosted their target price on Capital Power Corp from C$24.00 to C$28.00 and gave the stock an “outperform” rating in a research report on Friday. BMO Capital Markets lifted their price target on Capital Power Corp from C$21.50 to C$23.50 and gave the stock a “market perform” rating in a research note on Friday. TD Securities lifted their price target on 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. CIBC cut Capital Power Corp from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, October 25th. Finally, GMP Securities raised Capital Power Corp from a “hold” rating to a “buy” rating in a research note on Friday. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Capital Power Corp currently has an average rating of “Hold” and a consensus price target of C$22.14.

Analyst Recommendations for Capital Power Corp (TSE:CPX)

Capital Power Corp (TSE:CPX) opened at 23.26 on Friday. The company has a 50 day moving average price of $20.98 and a 200-day moving average price of $20.36. The company has a market capitalization of $2.24 billion and a PE ratio of 23.21. Capital Power Corp has a one year low of $15.40 and a one year high of $23.79.

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Capital Power Corp Company Profile

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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