Capital Power Co. (CPXWF) – What Are Analysts Saying About This Stock?

Shares of Capital Power Co. (OTCMKTS:CPXWF) have been assigned a consensus rating of “Buy” from the seven brokerages that are currently covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a buy recommendation.

A number of brokerages have issued reports on CPXWF. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Capital Power in a research report on Friday, July 17th. BMO Capital Markets reissued an “outperform” rating on shares of Capital Power in a research report on Thursday, July 9th.

Capital Power Price Performance

Shares of OTCMKTS CPXWF opened at $45.00 on Thursday. The business’s 50-day simple moving average is $45.55 and its 200-day simple moving average is $48.19. Capital Power has a 52 week low of $40.86 and a 52 week high of $53.84.

Capital Power Company Profile

Capital Power Corporation (OTCMKTS:CPXWF) is an independent power producer based in Edmonton, Alberta. The company develops, owns and operates electricity-generation facilities and provides power and related services to utilities, commercial customers and electricity markets.

Its generation portfolio includes natural gas, coal, wind and solar facilities, as well as battery energy storage assets. Capital Power also develops and invests in technologies and projects intended to support the transition to a lower-carbon electricity system, including renewable generation, energy storage and carbon-management initiatives.

The company serves electricity markets in Canada and the United States, with operations and development activities concentrated in North America.