Capital Power Corp (TSE:CPX) had its price objective increased by TD Securities from C$21.00 to C$23.00 in a research note issued on Friday, StockTargetPrices.com reports. The brokerage currently has a “hold” rating on the stock. TD Securities’ target price would indicate a potential upside of 7.53% from the company’s previous close.
Several other research analysts also recently commented on the company. Scotiabank boosted their target price on Capital Power Corp from C$18.50 to C$21.00 and gave the stock a “sector perform” rating in a report on Friday. Raymond James Financial Inc. raised Capital Power Corp from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from C$20.00 to C$24.00 in a report on Friday. National Bank Financial upped their price objective on Capital Power Corp from C$24.00 to C$28.00 and gave the stock an “outperform” rating in a report on Friday. GMP Securities raised Capital Power Corp from a “hold” rating to a “buy” rating in a report on Friday. Finally, BMO Capital Markets upped their price objective on Capital Power Corp from C$21.50 to C$23.50 and gave the stock a “market perform” rating in a report on Friday. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of C$22.05.
Shares of Capital Power Corp (TSE:CPX) traded up 7.11% on Friday, hitting $22.91. The stock had a trading volume of 1,287,157 shares. Capital Power Corp has a one year low of $15.40 and a one year high of $23.79. The company has a market capitalization of $2.20 billion and a P/E ratio of 22.86. 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