Capital Power Co. (OTCMKTS:CPXWF) Receives Average Recommendation of “Buy” from Analysts

Capital Power Co. (OTCMKTS:CPXWF) has been assigned an average rating of “Buy” from the nine ratings firms that are currently covering the stock, MarketBeat.com reports. Nine investment analysts have rated the stock with a buy recommendation.

A number of research analysts have recently issued reports on the stock. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Capital Power in a research note on Thursday, April 16th. BMO Capital Markets reiterated an “outperform” rating on shares of Capital Power in a research note on Thursday, April 30th.

Capital Power Price Performance

Shares of CPXWF stock opened at $51.68 on Friday. Capital Power has a 12-month low of $39.08 and a 12-month high of $52.82. The firm has a 50-day moving average price of $48.70 and a 200 day moving average price of $45.88.

Capital Power Company Profile

Capital Power is an independent power producer that develops, acquires, operates and optimizes power generation facilities in North America. The company’s diversified fleet includes natural gas, coal, wind and solar facilities, with a total generating capacity of approximately 6,500 megawatts. Capital Power’s portfolio serves baseload and peaking requirements as well as renewable energy mandates, providing reliable electricity to utilities, municipalities and large industrial customers under long-term power purchase agreements.

Headquartered in Edmonton, Alberta, Capital Power operates in key markets across Canada and the United States.