Brokerages Set Capital Power Co. (TSE:CPX) Target Price at C$63.11

Capital Power Co. (TSE:CPX - Get Free Report) has received an average rating of "Moderate Buy" from the eleven analysts that are covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is C$64.00.

Several research analysts have commented on the stock. Jefferies Financial Group cut shares of Capital Power from a "buy" rating to a "hold" rating and boosted their price target for the stock from C$59.00 to C$60.00 in a report on Thursday, June 12th. CIBC boosted their price target on shares of Capital Power from C$66.00 to C$72.00 in a report on Thursday. Desjardins upped their target price on shares of Capital Power from C$67.00 to C$68.00 and gave the company a "buy" rating in a report on Thursday, May 1st. National Bankshares lowered their target price on shares of Capital Power from C$65.00 to C$62.00 and set an "outperform" rating for the company in a report on Thursday, May 1st. Finally, BMO Capital Markets upgraded shares of Capital Power from a "market perform" rating to an "outperform" rating in a report on Wednesday, April 23rd.

Capital Power Stock Up 2.2%

TSE CPX traded up C$1.21 on Tuesday, hitting C$56.43. 1,239,714 shares of the stock were exchanged, compared to its average volume of 855,688. The company has a quick ratio of 0.55, a current ratio of 1.05 and a debt-to-equity ratio of 136.03. Capital Power has a fifty-two week low of C$39.95 and a fifty-two week high of C$68.73. The company has a market cap of C$7.97 billion, a PE ratio of 13.41, a PEG ratio of 0.91 and a beta of 0.64. The company has a 50-day moving average price of C$54.99 and a 200-day moving average price of C$53.47.

Insider Activity at Capital Power

In related news, Senior Officer Sandra Anne Haskins sold 5,710 shares of the company's stock in a transaction on Friday, May 9th. The shares were sold at an average price of C$53.00, for a total value of C$302,631.14. Also, Senior Officer Jacquelyn Marie Pylypiuk sold 962 shares of the company's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of C$53.63, for a total transaction of C$51,590.14. Insiders sold a total of 8,672 shares of company stock worth $460,121 in the last 90 days. 0.17% of the stock is owned by insiders.

About Capital Power

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.