Canadian Utilities Limited (OTCMKTS:CDUAF) Given Average Recommendation of “Hold” by Brokerages

Shares of Canadian Utilities Limited (OTCMKTS:CDUAF) have received an average rating of “Hold” from the six research firms that are currently covering the company, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating.

Several research firms have recently commented on CDUAF. Scotiabank restated a “sector perform” rating on shares of Canadian Utilities in a report on Thursday, May 7th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Canadian Utilities in a research note on Thursday, May 7th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Canadian Utilities in a research note on Monday, April 20th. TD Securities reaffirmed a “hold” rating on shares of Canadian Utilities in a research note on Friday, May 8th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Canadian Utilities in a research note on Thursday, May 7th.

Canadian Utilities Stock Performance

Canadian Utilities stock opened at $35.51 on Friday. The company’s fifty day simple moving average is $35.55 and its 200-day simple moving average is $32.71. Canadian Utilities has a 12 month low of $26.43 and a 12 month 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.