Capital Power (TSE:CPX) Price Target Raised to C$65.00 at National Bankshares

Capital Power (TSE:CPX) had its target price hoisted by equities researchers at National Bankshares from C$56.00 to C$65.00 in a note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price objective points to a potential upside of 3.83% from the company’s current price.

Several other analysts have also recently weighed in on CPX. Scotiabank lifted their price objective on shares of Capital Power from C$66.00 to C$69.00 and gave the stock an “outperform” rating in a research note on Wednesday. BMO Capital Markets lifted their price target on shares of Capital Power from C$56.00 to C$68.00 and gave the company a “market perform” rating in a research report on Wednesday. ATB Capital increased their price target on Capital Power from C$57.00 to C$63.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Atb Cap Markets cut Capital Power from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 30th. Finally, CIBC raised their price target on Capital Power from C$52.00 to C$54.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of C$61.22.

Capital Power Stock Down 0.3 %

CPX stock opened at C$62.60 on Wednesday. Capital Power has a fifty-two week low of C$33.90 and a fifty-two week high of C$68.73. The company has a debt-to-equity ratio of 133.46, a current ratio of 0.88 and a quick ratio of 0.55. The stock has a market capitalization of C$8.13 billion, a price-to-earnings ratio of 12.40, a PEG ratio of 0.91 and a beta of 0.64. The business’s fifty day moving average price is C$57.29 and its two-hundred day moving average price is C$47.86.

Insider Buying and Selling at Capital Power

In other news, Senior Officer Bryan Deneve sold 6,100 shares of the stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$50.55, for a total value of C$308,355.00. Company insiders own 0.17% of the company’s stock.

About Capital Power

Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities.