Capital Power (CPX) Stock Forecast & Price Target

C$35.80
+0.13 (+0.36%)
(As of 09:39 AM ET)

Capital Power Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 10 Analyst Ratings

Analysts' Consensus Price Target

C$46.00
28.49% Upside
High ForecastC$57.00
Average ForecastC$46.00
Low ForecastC$40.00
TypeCurrent Forecast
4/24/23 to 4/23/24
1 Month Ago
3/25/23 to 3/24/24
3 Months Ago
1/24/23 to 1/24/24
1 Year Ago
4/24/22 to 4/24/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
2 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$46.00C$46.27C$46.36C$51.80
Predicted Upside28.49% Upside23.25% Upside24.15% Upside17.74% Upside
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CPX Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CPX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Capital Power Stock vs. The Competition

TypeCapital PowerUtilities Companies
Consensus Rating Score
2.40
2.44
Consensus RatingHoldHold
News Sentiment RatingNeutral News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/19/2024CIBC
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 Lower TargetNeutralC$43.00 ➝ C$40.00+11.11%
2/29/2024Royal Bank of Canada
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 Lower TargetSector PerformC$42.00 ➝ C$41.00+5.81%
1/17/2024Scotiabank
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 Lower TargetSector PerformC$47.00 ➝ C$45.00+22.75%
1/17/2024ATB Capital
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 Lower TargetSector PerformC$42.00 ➝ C$41.00+11.84%
1/17/2024National Bankshares
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 Lower TargetC$48.00 ➝ C$45.00+22.75%
12/12/2023Desjardins
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 Lower TargetBuyC$53.00 ➝ C$51.00+36.15%
11/29/2023Raymond James
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 Boost TargetMarket PerformC$45.00 ➝ C$46.00+25.24%
11/29/2023BMO Capital Markets
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 Lower TargetMarket PerformC$42.00 ➝ C$40.00+8.90%
11/2/2023TD Securities
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 Lower TargetBuyC$50.00 ➝ C$49.00+28.31%
8/17/2023CSFB
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 Boost TargetC$56.00 ➝ C$57.00+43.76%
8/3/2023Industrial Alliance Securities
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 UpgradeHold ➝ BuyC$51.00+27.95%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:00 AM ET.

CPX Price Target - Frequently Asked Questions

What is Capital Power's consensus rating and price target?

According to the issued ratings of 10 analysts in the last year, the consensus rating for Capital Power stock is Hold based on the current 6 hold ratings and 4 buy ratings for CPX. The average twelve-month price prediction for Capital Power is C$46.00 with a high price target of C$57.00 and a low price target of C$40.00. Learn more on CPX's analyst rating history.

Do Wall Street analysts like Capital Power more than its competitors?

Analysts like Capital Power less than other Utilities companies. The consensus rating score for Capital Power is 2.40 while the average consensus rating score for utilities companies is 2.44. Learn more on how CPX compares to other companies.

Does Capital Power's stock price have much upside?

According to analysts, Capital Power's stock has a predicted upside of 22.73% based on their 12-month stock forecasts.

What analysts cover Capital Power?

Capital Power has been rated by CIBC, and Royal Bank of Canada in the past 90 days.


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This page (TSE:CPX) was last updated on 4/23/2024 by MarketBeat.com Staff

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