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

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

A number of equities research analysts have issued reports on the company. BMO Capital Markets reissued an “outperform” rating on shares of Capital Power in a research report on Thursday, July 9th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Capital Power in a report on Friday, July 17th.

Capital Power Stock Performance

CPXWF stock opened at $51.33 on Friday. The business has a fifty day simple moving average of $50.97 and a 200-day simple moving average of $47.65. Capital Power has a 52 week low of $39.08 and a 52 week high of $53.84.

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.