Northland Power Inc. (TSE:NPI - Get Free Report) has been given an average recommendation of "Buy" by the five research firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is C$27.08.
NPI has been the subject of several research analyst reports. Scotiabank upgraded Northland Power from a "sector perform" rating to an "outperform" rating and raised their price target for the company from C$25.00 to C$26.00 in a report on Thursday, May 22nd. Cormark cut Northland Power from a "moderate buy" rating to a "hold" rating in a report on Thursday, May 15th. Finally, National Bank Financial upgraded Northland Power to a "strong-buy" rating in a report on Sunday, June 8th.
Check Out Our Latest Report on NPI
Northland Power Price Performance
TSE NPI traded up C$0.06 during trading on Thursday, hitting C$22.49. 344,307 shares of the stock traded hands, compared to its average volume of 953,429. The company has a market capitalization of C$5.90 billion, a P/E ratio of -41.20, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47. The firm has a 50-day simple moving average of C$20.59 and a 200-day simple moving average of C$19.17. The company has a quick ratio of 1.23, a current ratio of 1.17 and a debt-to-equity ratio of 181.28. Northland Power has a 12-month low of C$16.14 and a 12-month high of C$24.74.
About Northland Power
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Get Free ReportNorthland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term.
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