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

Shares of Canadian Utilities Limited (OTCMKTS:CDUAF) have received a consensus recommendation of “Hold” from the six analysts that are presently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation.

A number of equities analysts have issued reports on CDUAF shares. Scotiabank reiterated a “sector perform” rating on shares of Canadian Utilities in a research report on Tuesday, July 21st. Royal Bank Of Canada restated a “sector perform” rating on shares of Canadian Utilities in a research report on Thursday, July 30th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Canadian Utilities in a research note on Thursday, July 30th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Canadian Utilities in a research report on Friday, July 17th. Finally, TD Securities reissued a “hold” rating on shares of Canadian Utilities in a research note on Friday, May 8th.

Canadian Utilities Stock Performance

Shares of Canadian Utilities stock opened at $38.45 on Friday. Canadian Utilities has a twelve month low of $26.43 and a twelve month high of $41.70. The business has a 50-day moving average price of $37.74 and a 200 day moving average price of $35.96.

Canadian Utilities Company Profile

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.