Capital Power Co. (TSE:CPX) Given Average Rating of "Moderate Buy" by Analysts

Shares of Capital Power Co. (TSE:CPX - Get Free Report) have received an average recommendation of "Moderate Buy" from the eleven brokerages that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is C$64.00.

Several research firms recently issued reports on CPX. National Bankshares decreased their target price on shares of Capital Power from C$65.00 to C$62.00 and set an "outperform" rating on the stock in a research report on Thursday, May 1st. CIBC lifted their price target on shares of Capital Power from C$66.00 to C$72.00 in a report on Thursday. Desjardins upped their price objective on Capital Power from C$67.00 to C$68.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. TD Securities reduced their target price on Capital Power from C$70.00 to C$66.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Finally, BMO Capital Markets upgraded Capital Power from a "market perform" rating to an "outperform" rating in a research note on Wednesday, April 23rd.

Capital Power Price Performance

Shares of Capital Power stock traded up C$0.99 during trading on Tuesday, reaching C$57.42. The company's stock had a trading volume of 957,691 shares, compared to its average volume of 856,454. The business has a 50 day moving average price of C$54.99 and a 200-day moving average price of C$53.47. Capital Power has a 12-month low of C$39.95 and a 12-month high of C$68.73. The company has a market capitalization of C$8.11 billion, a P/E ratio of 13.64, a price-to-earnings-growth ratio of 0.91 and a beta of 0.64. The company has a quick ratio of 0.55, a current ratio of 1.05 and a debt-to-equity ratio of 136.03.

Insider Buying and Selling at Capital Power

In other news, Senior Officer Jacquelyn Marie Pylypiuk sold 962 shares of the business's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of C$53.63, for a total value of C$51,590.14. Also, Senior Officer Jason Daniel Comandante sold 2,000 shares of the stock in a transaction dated Monday, May 12th. The stock was sold at an average price of C$52.95, for a total transaction of C$105,900.00. Insiders sold a total of 8,672 shares of company stock valued at $460,121 in the last ninety days. Insiders own 0.17% of the company's stock.

Capital Power Company Profile

Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S.