Analysts Set Capital Power Co. (TSE:CPX) PT at C$75.90

Capital Power Co. (TSE:CPX) has received a consensus rating of “Moderate Buy” from the eleven research firms that are currently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is C$76.70.

Several equities research analysts have weighed in on CPX shares. National Bank Financial boosted their price objective on Capital Power from C$75.00 to C$82.00 and gave the stock an “outperform” rating in a research note on Monday. Desjardins set a C$82.00 price objective on Capital Power and gave the stock a “top pick” rating in a research note on Tuesday, May 26th. Finally, Wells Fargo & Company set a C$70.00 price objective on Capital Power and gave the stock an “equal weight” rating in a research note on Tuesday, May 12th.

Capital Power Trading Down 1.0%

Shares of TSE CPX opened at C$71.30 on Friday. The business’s 50 day moving average is C$66.68 and its two-hundred day moving average is C$62.90. The company has a debt-to-equity ratio of 146.00, a current ratio of 0.69 and a quick ratio of 0.55. Capital Power has a 1-year low of C$54.03 and a 1-year high of C$73.80. The stock has a market capitalization of C$11.16 billion, a P/E ratio of -648.18, a PEG ratio of 0.91 and a beta of 0.54.

Capital Power (TSE:CPX) last issued its quarterly earnings data on Wednesday, April 29th. The company reported C$0.04 earnings per share for the quarter. Capital Power had a return on equity of 0.49% and a net margin of 0.66%.The company had revenue of C$1.18 billion for the quarter. As a group, research analysts expect that Capital Power will post 2.8197088 EPS for the current year.

Insiders Place Their Bets

In other news, insider Jason Daniel Comandante sold 1,276 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of C$70.89, for a total transaction of C$90,455.64. Following the transaction, the insider owned 8,711 shares of the company’s stock, valued at approximately C$617,522.79. This represents a 12.78% decrease in their ownership of the stock. 0.17% of the stock is owned by insiders.

About Capital Power

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.