Capital Power Corp (CPX) PT Raised to C$23.00 at CIBC
Capital Power Corp (TSE:CPX) had its price target raised by stock analysts at CIBC from C$22.00 to C$23.00 in a report released on Monday. CIBC’s price target would suggest a potential downside of 1.03% from the company’s previous close.
A number of other brokerages also recently weighed in on CPX. Royal Bank Of Canada downgraded Capital Power Corp from a “sector outperform” rating to a “sector perform” rating and set a C$21.00 price target on the stock. in a report on Tuesday, October 25th. GMP Securities upgraded Capital Power Corp from a “hold” rating to a “buy” rating in a report on Friday, November 25th. Raymond James Financial Inc. upgraded Capital Power Corp from a “market perform” rating to an “outperform” rating and lifted their price target for the company from C$20.00 to C$24.00 in a report on Friday, November 25th. Scotiabank reiterated an “underperform” rating and set a C$18.50 price target on shares of Capital Power Corp in a report on Tuesday, October 25th. Finally, BMO Capital Markets lifted their price target on Capital Power Corp from C$21.50 to C$23.50 and gave the company a “market perform” rating in a report on Friday, November 25th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of C$22.14.
Capital Power Corp (TSE:CPX) opened at 23.24 on Monday. Capital Power Corp has a 12-month low of $15.40 and a 12-month high of $23.79. The stock has a 50 day moving average price of $20.98 and a 200-day moving average price of $20.36. The stock has a market capitalization of $2.23 billion and a P/E ratio of 23.19.
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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