Capital Power Co. (OTCMKTS:CPXWF) Receives Average Recommendation of “Buy” from Analysts

Shares of Capital Power Co. (OTCMKTS:CPXWF) have been assigned an average rating of “Buy” from the nine brokerages that are presently covering the stock, MarketBeat Ratings reports. Nine equities research analysts have rated the stock with a buy recommendation.

A number of analysts recently commented on the stock. BMO Capital Markets restated an “outperform” rating on shares of Capital Power in a research note on Thursday, July 9th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Capital Power in a research report on Friday, July 17th.

Capital Power Stock Down 1.7%

Shares of OTCMKTS CPXWF opened at $43.98 on Friday. Capital Power has a one year low of $40.86 and a one year high of $53.84. The business’s fifty day moving average price is $48.44 and its 200-day moving average price is $48.49.

About Capital Power

Capital Power is an independent power producer that develops, acquires, operates and optimizes power generation facilities in North America. The company’s diversified fleet includes natural gas, coal, wind and solar facilities, with a total generating capacity of approximately 6,500 megawatts. Capital Power’s portfolio serves baseload and peaking requirements as well as renewable energy mandates, providing reliable electricity to utilities, municipalities and large industrial customers under long-term power purchase agreements.

Headquartered in Edmonton, Alberta, Capital Power operates in key markets across Canada and the United States.