Canadian Utilities Limited (OTCMKTS:CDUAF) Receives Average Rating of “Hold” from Brokerages

Canadian Utilities Limited (OTCMKTS:CDUAF) has been assigned a consensus rating of “Hold” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating.

CDUAF has been the subject of several analyst reports. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Canadian Utilities in a report on Friday, July 17th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Canadian Utilities in a research report on Thursday, May 7th. TD Securities restated a “hold” rating on shares of Canadian Utilities in a research note on Friday, May 8th. Scotiabank reaffirmed a “sector perform” rating on shares of Canadian Utilities in a research report on Tuesday, July 21st. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Canadian Utilities in a research note on Thursday, May 7th.

Canadian Utilities Price Performance

Shares of OTCMKTS:CDUAF opened at $39.15 on Wednesday. The company’s 50-day moving average price is $37.13 and its two-hundred day moving average price is $35.34. Canadian Utilities has a one year low of $26.43 and a one year high of $41.70.

About Canadian Utilities

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.