Brokerages Set Capital Power Co. (TSE:CPX) Target Price at C$76.56

Shares of Capital Power Co. (TSE:CPX) have received a consensus recommendation of “Buy” from the ten analysts that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is C$76.56.

Several research analysts have commented on the stock. Canadian Imperial Bank of Commerce lifted their price objective on shares of Capital Power from C$81.00 to C$82.00 in a research note on Wednesday, January 21st. Desjardins raised shares of Capital Power from a “buy” rating to a “strong-buy” rating and set a C$82.00 price objective for the company in a research note on Thursday, April 23rd.

Capital Power Trading Up 0.0%

CPX stock opened at C$66.15 on Monday. The firm has a fifty day moving average price of C$64.82 and a 200 day moving average price of C$63.19. Capital Power has a fifty-two week low of C$51.98 and a fifty-two week high of C$73.80. The company has a debt-to-equity ratio of 146.00, a quick ratio of 0.55 and a current ratio of 0.69. The firm has a market cap of C$10.35 billion, a PE ratio of -601.36, a price-to-earnings-growth ratio of 0.91 and a beta of 0.54.

Capital Power (TSE:CPX) last posted its quarterly earnings data on Wednesday, April 29th. The company reported C$0.04 EPS for the quarter. The company had revenue of C$1.18 billion during the quarter. Capital Power had a net margin of 0.66% and a return on equity of 0.49%. Sell-side analysts anticipate that Capital Power will post 2.8197088 earnings per share for the current fiscal year.

Capital Power Company Profile

Capital Power (TSX: CPX) is a growth-oriented power producer with approximately 12 GW of power generation at 32 facilities, plus battery energy storage across North America. We prioritize safely delivering reliable and affordable power communities can depend on, building lower-carbon power systems, and creating balanced solutions for our energy future.