Canadian Utilities Limited (OTCMKTS:CDUAF) Given Average Recommendation of “Hold” by Brokerages

Shares of Canadian Utilities Limited (OTCMKTS:CDUAF) have been given a consensus recommendation of “Hold” by the six brokerages that are currently covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold rating.

A number of research analysts recently issued reports on the stock. TD Securities reissued a “hold” rating on shares of Canadian Utilities in a research note on Friday, May 8th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Canadian Utilities in a research note on Monday, April 20th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Canadian Utilities in a research note on Thursday, May 7th. Scotiabank reissued a “sector perform” rating on shares of Canadian Utilities in a research note on Thursday, May 7th. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Canadian Utilities in a research note on Thursday, May 7th.

Canadian Utilities Trading Down 1.6%

OTCMKTS CDUAF opened at $36.09 on Tuesday. The company has a 50 day moving average of $35.80 and a 200-day moving average of $33.54. Canadian Utilities has a 1-year low of $26.43 and a 1-year high of $41.70.

Canadian Utilities Company Profile

Canadian Utilities Limited is a diversified energy infrastructure and utilities company based in Calgary, Alberta. Established in 1912, it is part of the ATCO Group and provides essential services to residential, commercial and industrial customers. The company’s operations span across regulated and non-regulated businesses, with a focus on reliable energy delivery and infrastructure development.

In its utilities segment, Canadian Utilities owns and operates electricity transmission and distribution networks under the ATCO Electric brand, as well as natural gas distribution systems through ATCO Gas.