Canadian Utilities (TSE:CU) Price Target Raised to C$52.00

Posted by on Aug 2nd, 2026

Canadian Utilities (TSE:CU – Free Report) had its price target increased by TD from C$48.00 to C$52.00 in a research report sent to investors on Thursday,BayStreet.CA reports. TD currently has a hold rating on the stock.

Several other research analysts also recently weighed in on the company. Canadian Imperial Bank of Commerce boosted their target price on Canadian Utilities from C$53.00 to C$55.00 in a research note on Thursday. Scotiabank increased their price target on Canadian Utilities from C$50.00 to C$53.00 and gave the company a “sector perform” rating in a research note on Tuesday, July 21st. National Bank Financial raised their price target on Canadian Utilities from C$46.00 to C$51.00 and gave the stock a “sector perform” rating in a report on Monday, June 1st. Finally, Royal Bank Of Canada raised their price target on Canadian Utilities from C$49.00 to C$50.00 and gave the stock a “sector perform” rating in a report on Thursday, May 7th. Seven equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of C$53.57.

Get Our Latest Stock Analysis on Canadian Utilities

Canadian Utilities Price Performance

TSE CU opened at C$55.72 on Thursday. The firm’s fifty day simple moving average is C$52.51 and its two-hundred day simple moving average is C$49.08. The company has a current ratio of 1.80, a quick ratio of 1.30 and a debt-to-equity ratio of 184.88. Canadian Utilities has a 12-month low of C$37.13 and a 12-month high of C$56.90. The firm has a market capitalization of C$15.17 billion, a P/E ratio of 557.20, a P/E/G ratio of 2.38 and a beta of 0.53.

Canadian Utilities (TSE:CU – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported C$0.51 earnings per share (EPS) for the quarter. Canadian Utilities had a return on equity of 1.88% and a net margin of 3.30%.The business had revenue of C$914.00 million for the quarter. Analysts forecast that Canadian Utilities will post 2.4063556 EPS for the current fiscal year.

Key Canadian Utilities News

Here are the key news stories impacting Canadian Utilities this week:

  • Positive Sentiment: Improved second-quarter performance: Canadian Utilities reported that second-quarter 2026 adjusted earnings and revenue increased year over year. The results, covering the quarter and first half ended June 30, provide a positive fundamental catalyst and support the recent strength in the shares. Canadian Utilities Q2 Adjusted Earnings, Revenue Rise
  • Positive Sentiment: Stock reached a 52-week high: Canadian Utilities was among the companies hitting new 52-week highs on news, indicating strong investor momentum following the earnings release and related market developments. ARC, BetterLife, Canadian Utilities Hit 52-Week Highs on News
  • Neutral Sentiment: Analysts raised targets but remain cautious: CIBC increased its target to C$55, TD to C$52, National Bank Financial to C$55, BMO Capital Markets to C$55 and RBC to C$58. Ratings remained Hold, Sector Perform or Market Perform, with only RBC’s target implying upside from recent levels. Analyst price-target changes
  • Negative Sentiment: Valuation may limit further gains: Four of the five revised targets remain below the recent share price, suggesting analysts believe the stock’s rally has outpaced near-term valuation support. The Hold and sector/market perform ratings also signal limited conviction for additional outperformance.

About Canadian Utilities

(Get Free Report)

Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company’s main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.

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