Capital Power Co. (TSE:CPX) Receives Average Recommendation of "Moderate Buy" from Analysts

Shares of Capital Power Co. (TSE:CPX - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the eleven ratings firms that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is C$63.11.

A number of equities analysts recently commented on the company. National Bankshares lowered their target price on 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. ATB Capital cut their target price on shares of Capital Power from C$63.00 to C$62.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 27th. CIBC upgraded shares of Capital Power from a "neutral" rating to an "outperform" rating and reduced their target price for the stock from C$68.00 to C$64.00 in a report on Tuesday, February 18th. TD Securities cut their price objective on Capital Power from C$70.00 to C$66.00 and set a "buy" rating on the stock in a research report on Wednesday, April 23rd. Finally, Cibc World Mkts upgraded Capital Power from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 18th.

Capital Power Trading Down 0.1%

Capital Power stock traded down C$0.08 during trading on Friday, hitting C$56.09. The company had a trading volume of 452,136 shares, compared to its average volume of 882,450. Capital Power has a 1-year low of C$38.33 and a 1-year high of C$68.73. The company's 50 day simple moving average is C$51.82 and its 200-day simple moving average is C$54.42. The stock has a market cap of C$7.92 billion, a price-to-earnings ratio of 13.33, a price-to-earnings-growth ratio of 0.91 and a beta of 0.64. The company has a current ratio of 1.05, a quick ratio of 0.55 and a debt-to-equity ratio of 136.03.

Insider Transactions at Capital Power

In other Capital Power news, 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 value of C$51,590.14. Also, Senior Officer Sandra Anne Haskins sold 5,710 shares of Capital Power stock in a transaction dated Friday, May 9th. The stock was sold at an average price of C$53.00, for a total value of C$302,631.14. In the last ninety days, insiders sold 8,672 shares of company stock valued at $460,121. 0.17% of the stock is currently owned by corporate 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.