Capital Power (TSE:CPX – Get Free Report) had its target price dropped by analysts at National Bank Financial from C$84.00 to C$83.00 in a note issued to investors on Tuesday, BayStreet reports. The firm currently has an “outperform” rating on the stock. National Bank Financial‘s price target would indicate a potential upside of 29.61% from the stock’s current price.
A number of other research analysts have also recently weighed in on the stock. Canadian Imperial Bank of Commerce cut their price objective on shares of Capital Power from C$83.00 to C$80.00 in a report on Tuesday, September 22nd. Wells Fargo & Company increased their target price on shares of Capital Power from C$72.00 to C$75.00 and gave the stock an “equal weight” rating in a research note on Monday, July 27th. BMO Capital Markets cut their price target on Capital Power from C$85.00 to C$81.00 and set an “outperform” rating for the company in a research note on Thursday, July 30th. Scotiabank reduced their price target on Capital Power from C$80.00 to C$79.00 and set a “sector outperform” rating for the company in a report on Thursday, July 30th. Finally, TD set a C$80.00 price target on Capital Power and gave the stock a “buy” rating in a research report on Thursday, September 17th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$80.11.
View Our Latest Analysis on Capital Power
Capital Power Stock Performance
Capital Power stock traded up C$0.63 during mid-day trading on Tuesday, hitting C$64.04. The company had a trading volume of 358,707 shares, compared to its average volume of 639,585. The company has a current ratio of 0.80, a quick ratio of 0.55 and a debt-to-equity ratio of 150.64. Capital Power has a 12-month low of C$56.48 and a 12-month high of C$77.02. The company’s fifty day moving average is C$62.70 and its 200-day moving average is C$65.38. The company has a market capitalization of C$10.06 billion, a price-to-earnings ratio of 112.35, a P/E/G ratio of 0.91 and a beta of 0.60.
Capital Power (TSE:CPX – Get Free Report) last posted its earnings results on Monday, November 2nd. The company reported C$0.37 earnings per share for the quarter. Capital Power had a net margin of 3.05% and a return on equity of 2.31%. The firm had revenue of C$806.00 million during the quarter. Equities research analysts predict that Capital Power will post 2.82 EPS for the current year.
Capital Power Company Profile
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.
Recommended Stories
- Five stocks we like better than Capital Power
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Receive News & Ratings for Capital Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Power and related companies with MarketBeat.com's FREE daily email newsletter.
