Canadian Utilities Limited (TSE:CU) – Analysts at National Bank Financial issued their Q3 2016 earnings per share estimates for shares of Canadian Utilities Limited in a research report issued to clients and investors on Wednesday. National Bank Financial analyst P. Kenny forecasts that the firm will post earnings per share of $0.38 for the quarter.
A number of other research firms have also recently weighed in on CU. CSFB raised their price target on shares of Canadian Utilities Limited from C$38.00 to C$42.00 in a report on Monday, July 25th. BMO Capital Markets raised their price target on shares of Canadian Utilities Limited from C$36.00 to C$40.00 in a report on Thursday, July 7th. Barclays PLC set a C$36.00 price target on shares of Canadian Utilities Limited in a report on Friday, June 17th. RBC Capital Markets raised their price target on shares of Canadian Utilities Limited from C$37.00 to C$42.00 in a report on Thursday, July 28th. Finally, Royal Bank Of Canada raised their price target on shares of Canadian Utilities Limited from C$37.00 to C$42.00 in a report on Thursday, July 28th. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. Canadian Utilities Limited currently has a consensus rating of “Hold” and an average price target of C$40.38.
Shares of Canadian Utilities Limited (TSE:CU) opened at 37.12 on Friday. Canadian Utilities Limited has a 12 month low of $29.49 and a 12 month high of $40.78. The company’s 50-day moving average is $37.16 and its 200 day moving average is $37.40. The company has a market capitalization of $9.94 billion and a price-to-earnings ratio of 27.06.
About Canadian Utilities Limited
Canadian Utilities Limited is an ATCO company. The Company’s segments include Electricity, Pipelines & Liquids and Corporate & Other. The Electricity segment includes businesses of ATCO Electric, ATCO Power and ATCO Power Australia that provide power generation, distributed generation, and electricity distribution, transmission and infrastructure development in northern and central east Alberta, the Yukon, the Northwest Territories and Australia.
Receive News & Ratings for Canadian Utilities Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Utilities Limited and related companies with MarketBeat.com's FREE daily email newsletter.