Canadian Utilities Limited (OTCMKTS:CDUAF) Given Consensus Rating of “Hold” by Brokerages

Shares of Canadian Utilities Limited (OTCMKTS:CDUAF) have been given a consensus rating of “Hold” by the six ratings firms that are currently covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation.

Several research firms have recently weighed in on CDUAF. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Canadian Utilities in a research note on Friday, July 17th. Royal Bank Of Canada restated a “sector perform” rating on shares of Canadian Utilities in a research note on Thursday, July 30th. Scotiabank reaffirmed a “sector perform” rating on shares of Canadian Utilities in a report on Tuesday, July 21st. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Canadian Utilities in a research note on Thursday, July 30th.

Canadian Utilities Stock Performance

Shares of Canadian Utilities stock opened at $36.00 on Thursday. Canadian Utilities has a 52-week low of $26.43 and a 52-week high of $41.70. The stock’s 50-day simple moving average is $37.87 and its 200 day simple moving average is $36.62.

Canadian Utilities Company Profile

Canadian Utilities Limited is a diversified energy infrastructure and utilities company based in Calgary, Alberta. Established in 1912, it is part of the ATCO Group and provides essential services to residential, commercial and industrial customers. The company’s operations span across regulated and non-regulated businesses, with a focus on reliable energy delivery and infrastructure development.

In its utilities segment, Canadian Utilities owns and operates electricity transmission and distribution networks under the ATCO Electric brand, as well as natural gas distribution systems through ATCO Gas.