Capital Power (TSE:CPX) PT Set at C$82.00 by Desjardins

Capital Power (TSE:CPXGet Free Report) has been assigned a C$82.00 price objective by stock analysts at Desjardins in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage presently has a “top pick” rating on the stock. Desjardins’ target price points to a potential upside of 18.34% from the company’s current price.

Separately, Wells Fargo & Company set a C$70.00 price objective on shares of Capital Power and gave the company an “equal weight” rating in a research report on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Capital Power has a consensus rating of “Moderate Buy” and a consensus target price of C$75.90.

Check Out Our Latest Stock Analysis on CPX

Capital Power Trading Up 3.4%

Shares of CPX stock traded up C$2.27 on Tuesday, hitting C$69.29. 552,981 shares of the company’s stock traded hands, compared to its average volume of 701,344. The company has a debt-to-equity ratio of 146.00, a quick ratio of 0.55 and a current ratio of 0.69. Capital Power has a one year low of C$54.03 and a one year high of C$73.80. The company’s fifty day simple moving average is C$65.43 and its 200 day simple moving average is C$62.67. The stock has a market capitalization of C$10.84 billion, a price-to-earnings ratio of -629.91, a P/E/G ratio of 0.91 and a beta of 0.54.

Capital Power (TSE:CPXGet Free Report) last released its earnings results on Wednesday, April 29th. The company reported C$0.04 EPS for the quarter. Capital Power had a net margin of 0.66% and a return on equity of 0.49%. The company had revenue of C$1.18 billion for the quarter. Equities analysts forecast that Capital Power will post 2.8197088 EPS for the current year.

Capital Power Company Profile

(Get Free Report)

Capital Power (TSX: CPX) is a growth-oriented power producer with approximately 12 GW of power generation at 32 facilities, plus battery energy storage across North America. We prioritize safely delivering reliable and affordable power communities can depend on, building lower-carbon power systems, and creating balanced solutions for our energy future.

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