Capital Power Co. (OTCMKTS:CPXWF) Given Average Rating of “Buy” by Analysts

Shares of Capital Power Co. (OTCMKTS:CPXWF) have been given a consensus rating of “Buy” by the nine ratings firms that are covering the company, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a buy recommendation.

Several research firms recently commented on CPXWF. BMO Capital Markets reiterated an “outperform” rating on shares of Capital Power in a research note on Thursday, July 9th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Capital Power in a research note on Friday, July 17th.

Capital Power Price Performance

Shares of Capital Power stock opened at $51.33 on Friday. Capital Power has a fifty-two week low of $39.08 and a fifty-two week high of $53.84. The business’s fifty day moving average is $50.97 and its two-hundred day moving average is $47.65.

About Capital Power

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.