Canadian Utilities Limited (OTCMKTS:CDUAF) Stock Now Rated “Hold” by Wall Street Analysts

Shares of Canadian Utilities Limited (OTCMKTS:CDUAF) have received a consensus rating of “Hold” from the six ratings firms that are covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating.

Several analysts recently issued reports on CDUAF shares. Scotiabank restated a “sector perform” rating on shares of Canadian Utilities in a report on Tuesday, July 21st. BMO Capital Markets reaffirmed a “market perform” rating on shares of Canadian Utilities in a research report on Thursday, July 30th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Canadian Utilities in a research note on Friday, July 17th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Canadian Utilities in a research report on Thursday.

Canadian Utilities Stock Performance

Shares of OTCMKTS CDUAF opened at $34.60 on Monday. The company has a 50 day simple moving average of $36.85 and a 200-day simple moving average of $36.67. Canadian Utilities has a 1 year low of $27.52 and a 1 year high of $41.70.

Canadian Utilities Company Profile

Canadian Utilities Limited is a Canadian utility and infrastructure company that provides essential energy services through electricity, natural gas and related infrastructure businesses. The company operates regulated and contracted utility assets designed to support residential, commercial and industrial customers.

Its activities include the generation, transmission and distribution of electricity, natural gas distribution, natural gas transmission and storage, and the development and operation of energy infrastructure.