Northland Power, Inc. (OTCMKTS:NPIFF) Given Consensus Recommendation of “Hold” by Brokerages

Northland Power, Inc. (OTCMKTS:NPIFF) has received an average rating of “Hold” from the seven analysts that are currently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

A number of equities analysts recently commented on the company. Scotiabank reiterated a “sector perform” rating on shares of Northland Power in a research note on Friday, May 15th. Desjardins reaffirmed a “hold” rating on shares of Northland Power in a report on Friday, May 1st. TD Securities reiterated a “hold” rating on shares of Northland Power in a research report on Friday, May 15th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Northland Power in a report on Friday, March 27th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Northland Power in a report on Thursday, May 14th.

Northland Power Stock Performance

Shares of Northland Power stock opened at $15.45 on Friday. The firm has a market cap of $4.04 billion and a PE ratio of -36.79. The firm’s 50-day simple moving average is $16.16 and its 200-day simple moving average is $15.60. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.16 and a current ratio of 1.16. Northland Power has a 1 year low of $11.43 and a 1 year high of $18.44.

Northland Power Company Profile

Northland Power Inc is a Canadian developer, owner and operator of power generation facilities, with a focus on clean and green energy. The company’s portfolio encompasses natural gas–fired, wind, solar and thermal projects, and its operations span from onshore and nearshore facilities in Canada to offshore wind farms in Europe. Northland Power is structured to manage all stages of a project’s lifecycle, from early-stage development and financing through construction and long-term operation.

In Canada, Northland Power operates a mix of combined-cycle gas turbines and peaking plants, as well as solar installations, serving industrial and municipal customers under long-term contracts.