Canadian Utilities Limited (OTCMKTS:CDUAF) Stock Rated “Hold” by Wall Street Analysts

Canadian Utilities Limited (OTCMKTS:CDUAF) has received a consensus recommendation of “Hold” from the six analysts that are covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation.

A number of equities analysts recently weighed in on the stock. BMO Capital Markets restated a “market perform” rating on shares of Canadian Utilities in a research report on Thursday, July 30th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Canadian Utilities in a research note on Thursday. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Canadian Utilities in a report on Friday, July 17th. Finally, Scotiabank reiterated a “sector perform” rating on shares of Canadian Utilities in a research report on Tuesday, July 21st.

Canadian Utilities Price Performance

OTCMKTS CDUAF opened at $34.60 on Monday. The business has a fifty day moving average price of $36.85 and a 200 day moving average price of $36.65. Canadian Utilities has a one year low of $27.52 and a one year high of $41.70.

Canadian Utilities Company Profile

Canadian Utilities Limited is a Canadian regulated utility company and a subsidiary of ATCO Ltd. The company provides essential electricity and natural gas services, with operations spanning generation, transmission, distribution, storage and retail energy services.

Its electricity business supports power generation and the transmission and distribution of electricity to customers, while its natural gas operations include transmission, storage and distribution infrastructure. Canadian Utilities primarily serves customers in Canada, including residential, commercial and industrial users, with a significant presence in Alberta.

Founded in 1927, Canadian Utilities has developed into a diversified utility operator through the expansion of regulated energy infrastructure and related services.