Capital Power Co. (OTCMKTS:CPXWF) Stock Rated “Buy” by Wall Street Brokerages

Shares of Capital Power Co. (OTCMKTS:CPXWF) have been assigned a consensus rating of “Buy” from the seven brokerages that are presently covering the company, MarketBeat reports. Seven equities research analysts have rated the stock with a buy recommendation.

Several analysts have recently weighed in on CPXWF shares. BMO Capital Markets restated an “outperform” rating on shares of Capital Power in a research note on Thursday, July 9th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Capital Power in a research note on Friday, July 17th.

Capital Power Stock Performance

Shares of CPXWF stock opened at $43.83 on Thursday. The firm has a fifty day simple moving average of $45.38 and a 200-day simple moving average of $48.16. Capital Power has a twelve month low of $40.86 and a twelve month high of $53.84.

About Capital Power

Capital Power Corporation is an Edmonton, Alberta-based power generation and development company. It owns and operates a diversified portfolio of electricity-generating facilities, with operations focused primarily on natural gas, wind, solar and other renewable energy resources. The company also manages energy-related infrastructure and provides electricity and related services to wholesale and commercial markets.

Capital Power serves customers in Canada and the United States, with a significant presence in Alberta and operations or development activities in several U.S.