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

Shares of Canadian Utilities Limited (OTCMKTS:CDUAF) have received an average rating of “Hold” from the six brokerages that are presently covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a hold rating.

A number of research analysts have weighed in on CDUAF shares. TD Securities reiterated a “hold” rating on shares of Canadian Utilities in a report on Friday, May 8th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Canadian Utilities in a research note on Friday. Scotiabank restated a “sector perform” rating on shares of Canadian Utilities in a research report on Tuesday. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Canadian Utilities in a research note on Thursday, May 7th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Canadian Utilities in a report on Thursday, May 7th.

Canadian Utilities Price Performance

CDUAF stock opened at $38.19 on Wednesday. Canadian Utilities has a 1 year low of $26.43 and a 1 year high of $41.70. The firm has a 50-day moving average of $36.72 and a 200 day moving average of $35.04.

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.