Canadian Utilities Limited (OTCMKTS:CDUAF) Stock Rated “Hold” by Sell-Side Analysts

Canadian Utilities Limited (OTCMKTS:CDUAF) has earned an average rating of “Hold” from the six research firms that are covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a hold rating.

Several brokerages recently weighed in on CDUAF. Royal Bank Of Canada reissued a “sector perform” rating on shares of Canadian Utilities in a research report on Thursday, October 8th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Canadian Utilities in a research note on Friday, July 17th. BMO Capital Markets reiterated a “market perform” rating on shares of Canadian Utilities in a research report on Thursday, July 30th. Finally, Scotiabank reiterated a “sector perform” rating on shares of Canadian Utilities in a research report on Tuesday, July 21st.

Canadian Utilities Stock Performance

Canadian Utilities stock opened at $37.13 on Friday. Canadian Utilities has a twelve month low of $27.83 and a twelve month high of $41.70. The stock’s 50 day moving average is $35.91 and its 200 day moving average is $35.96.

About Canadian Utilities

Canadian Utilities Limited is a Canadian utility and infrastructure company and a subsidiary of ATCO Ltd. The company develops, owns and operates regulated electricity and natural gas distribution businesses, as well as related energy infrastructure. Its activities support the delivery of essential utility services to residential, commercial and industrial customers.

Canadian Utilities’ operations have historically included electricity generation, transmission and distribution, natural gas distribution, and natural gas transmission and storage.