Trading Report: Today, BMO Capital Markets Increases Capital Power Corp (CPX) Price Target to C$23.50

Today, BMO Capital Markets Increases Capital Power Corp (CPX) Price Target to C$23.50

Capital Power Corp (TSE:CPX) had its price objective lifted by BMO Capital Markets from C$21.50 to C$23.50 in a note issued to investors on Friday, StockTargetPrices.com reports. The firm presently has a “market perform” rating on the stock. BMO Capital Markets’ target price would suggest a potential upside of 9.86% from the stock’s current price.

Other research analysts also recently issued reports about the company. Royal Bank Of Canada downgraded Capital Power Corp from a “sector outperform” rating to a “sector perform” rating and set a C$21.00 target price for the company. in a research note on Tuesday, October 25th. Scotiabank reaffirmed an “underperform” rating and set a C$18.50 target price on shares of Capital Power Corp in a research note on Tuesday, October 25th. CIBC downgraded Capital Power Corp from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, October 25th. Finally, TD Securities upped their target price on Capital Power Corp from C$20.00 to C$21.00 and gave the stock a “hold” rating in a research note on Tuesday, October 25th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Capital Power Corp has a consensus rating of “Hold” and a consensus price target of C$22.05.

Capital Power Corp (TSE:CPX) traded up 8.60% on Friday, reaching $23.23. 1,405,248 shares of the company’s stock traded hands. The stock has a market capitalization of $2.23 billion and a price-to-earnings ratio of 23.18. Capital Power Corp has a 52 week low of $15.40 and a 52 week high of $23.79. The firm has a 50-day moving average price of $20.83 and a 200-day moving average price of $20.25.

Capital Power Corp Company Profile

Related posts

Leave a Comment