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

Shares of Canadian Utilities Limited (OTCMKTS:CDUAF) have been given a consensus rating of “Hold” by the six research firms that are currently covering the company, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation.

Several analysts have recently commented on CDUAF shares. BMO Capital Markets reissued a “market perform” rating on shares of Canadian Utilities in a research note on Thursday, July 30th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Canadian Utilities in a research report on Friday, July 17th. Scotiabank reaffirmed a “sector perform” rating on shares of Canadian Utilities in a report on Tuesday, July 21st. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Canadian Utilities in a research report on Thursday, October 8th.

Canadian Utilities Stock Up 1.4%

Shares of OTCMKTS CDUAF opened at $36.39 on Friday. Canadian Utilities has a 1-year low of $27.79 and a 1-year high of $41.70. The company has a 50-day moving average of $36.01 and a two-hundred day moving average of $35.81.

About Canadian Utilities

Canadian Utilities Limited is a Canadian utility and infrastructure company that provides essential energy services through electricity, natural gas and related infrastructure businesses. The company operates regulated and contracted utility assets designed to support residential, commercial and industrial customers.

Its activities include the generation, transmission and distribution of electricity, natural gas distribution, natural gas transmission and storage, and the development and operation of energy infrastructure.