Capital Power Co. (TSE:CPX) Given Consensus Rating of “Hold” by Analysts

Capital Power Co. (TSE:CPX) has earned a consensus recommendation of “Hold” from the ten analysts that are covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$63.33.

Several equities research analysts have commented on CPX shares. Desjardins increased their price objective on shares of Capital Power from C$66.00 to C$69.00 and gave the company a “buy” rating in a research note on Thursday, January 30th. BMO Capital Markets increased their price target on Capital Power from C$56.00 to C$68.00 and gave the company a “market perform” rating in a research report on Wednesday, December 18th. National Bankshares boosted their price objective on Capital Power from C$56.00 to C$65.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 18th. TD Securities raised their target price on Capital Power from C$61.00 to C$70.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Finally, CIBC boosted their price target on shares of Capital Power from C$54.00 to C$68.00 and gave the stock a “neutral” rating in a report on Monday, December 30th.

Capital Power Price Performance

CPX opened at C$52.81 on Friday. The firm’s fifty day moving average price is C$59.94 and its two-hundred day moving average price is C$53.23. The company has a market capitalization of C$6.86 billion, a price-to-earnings ratio of 10.46, a P/E/G ratio of 0.91 and a beta of 0.64. The company has a debt-to-equity ratio of 133.46, a current ratio of 0.88 and a quick ratio of 0.55. Capital Power has a 1 year low of C$33.90 and a 1 year high of C$68.73.

Capital Power Company Profile

Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities.