Capstone Infrastructure (TSE:CSE) had its price objective reduced by Canaccord Genuity from C$4.75 to C$4.50 in a report released on Wednesday, AnalystRatingsNetwork reports. Canaccord Genuity currently has a buy rating on the stock.
Canaccord Genuity has also updated their ratings on a number of other stocks in the last week. The firm lowered its price target on shares of Ceragon Networks Ltd. from $3.40 to $3.25. They have a hold rating on that stock. Also, Canaccord Genuity lowered its price target on shares of Sierra Wireless from $22.00 to $20.00. They have a buy rating on that stock. Finally, Canaccord Genuity raised its price target on shares of Eldorado Gold Co. from $7.75 to $8.00. They have a hold rating on that stock.
Shares of Capstone Infrastructure (TSE:CSE) opened at 3.80 on Wednesday. Capstone Infrastructure has a 1-year low of $3.50 and a 1-year high of $4.51. The stock has a 50-day moving average of $3.99 and a 200-day moving average of $4.15. The company has a price-to-earnings ratio of 8.25.
Capstone Infrastructure (TSE:CSE) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.01.
Other equities research analysts have also recently issued reports about the stock. Analysts at Scotiabank cut their price target on shares of Capstone Infrastructure from C$4.75 to C$4.50 in a research note to investors on Wednesday, September 11th. Analysts at RBC Capital cut their price target on shares of Capstone Infrastructure from C$5.00 to C$4.50 in a research note to investors on Thursday, September 5th. They now have an outperform rating on the stock. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Capstone Infrastructure currently has an average rating of Buy and a consensus price target of C$4.58.
Capstone Infrastructure Corporation, formerly Macquarie Power and Infrastructure Corporation, is a Canadian company engaged in power infrastructure and utilities businesses.
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