Trade Report: Today, Royal Bank Of Canada Reiterates Sector Perform Rating for Atlantic Power Co. (ATP)

Today, Royal Bank Of Canada Reiterates Sector Perform Rating for Atlantic Power Co. (ATP)

Atlantic Power Co. (TSE:ATP) (NYSE:AT)‘s stock had its “sector perform” rating reiterated by research analysts at Royal Bank Of Canada in a note issued to investors on Tuesday, StockTargetPrices.com reports. They currently have a C$3.00 target price on the stock. Royal Bank Of Canada’s target price would suggest a potential downside of 16.43% from the company’s current price.

Separately, TD Securities reissued a “hold” rating and set a C$2.75 price objective on shares of Atlantic Power in a report on Wednesday, August 10th.

Atlantic Power (TSE:ATP) traded down 0.28% during mid-day trading on Tuesday, hitting $3.59. 56,921 shares of the stock traded hands. Atlantic Power has a 1-year low of $2.19 and a 1-year high of $3.67. The firm’s market capitalization is $415.13 million. The company has a 50-day moving average of $3.24 and a 200 day moving average of $3.21.

Atlantic Power Company Profile

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