Capital Power Co. (OTCMKTS:CPXWF) Receives Average Recommendation of “Buy” from Analysts

Shares of Capital Power Co. (OTCMKTS:CPXWF) have received a consensus recommendation of “Buy” from the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. Nine analysts have rated the stock with a buy rating.

CPXWF has been the subject of a number of recent research reports. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Capital Power in a research note on Thursday, April 16th. BMO Capital Markets restated an “outperform” rating on shares of Capital Power in a report on Thursday, April 30th.

Capital Power Price Performance

CPXWF opened at $52.65 on Tuesday. The company has a fifty day moving average of $49.53 and a 200 day moving average of $46.61. Capital Power has a fifty-two week low of $39.08 and a fifty-two week high of $52.92.

Capital Power Company Profile

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.