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

Capital Power Co. (OTCMKTS:CPXWF) has been given a consensus rating of “Buy” by the nine ratings firms that are currently covering the stock, Marketbeat reports. Nine analysts have rated the stock with a buy recommendation.

Several equities analysts recently issued reports on CPXWF shares. BMO Capital Markets reissued an “outperform” rating on shares of Capital Power in a research note on Thursday, July 9th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Capital Power in a research note on Friday, July 17th.

Capital Power Price Performance

Capital Power stock opened at $48.72 on Wednesday. The stock has a fifty day moving average of $50.39 and a two-hundred day moving average of $48.22. Capital Power has a fifty-two week low of $39.08 and a fifty-two 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.