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

Key Points

• Analysts have an average rating of Buy on Capital Power from 10 firms (2 hold, 6 buy, 2 strong buy), with a one-year consensus target price of C$76.56.
• Recent analyst actions include CIBC raising its target to C$82 and Desjardins upgrading the stock to strong-buy with a C$82 target.
• The stock trades around C$63.90 (market cap ~C$10B) but shows earnings strain—last quarter EPS C$0.04, a negative P/E (-580.91) and a high debt-to-equity ratio of 146.00.

Capital Power Co. (TSE:CPX - Get Free Report) has been assigned an average rating of "Buy" from the ten ratings firms that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is C$76.56.

Several research analysts have weighed in on the company. Canadian Imperial Bank of Commerce lifted their target price on Capital Power from C$81.00 to C$82.00 in a report on Wednesday, January 21st. Desjardins upgraded Capital Power from a "buy" rating to a "strong-buy" rating and set a C$82.00 target price on the stock in a report on Thursday, April 23rd.

Capital Power Stock Performance

CPX stock opened at C$63.90 on Monday. The business's 50-day moving average price is C$64.68 and its two-hundred day moving average price is C$63.32. The company has a current ratio of 0.69, a quick ratio of 0.55 and a debt-to-equity ratio of 146.00. The firm has a market cap of C$10.00 billion, a PE ratio of -580.91, a P/E/G ratio of 0.91 and a beta of 0.49. Capital Power has a 1-year low of C$51.64 and a 1-year high of C$73.80.

Capital Power (TSE:CPX - Get Free Report) last posted its earnings results on Wednesday, April 29th. The company reported C$0.04 earnings per share for the quarter. The firm had revenue of C$1.18 billion for the quarter. Capital Power had a return on equity of 0.49% and a net margin of 0.66%. As a group, research analysts forecast that Capital Power will post 2.8197088 earnings per share 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.

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