Canadian Utilities (TSE:CU) had its target price trimmed by Royal Bank of Canada from C$40.00 to C$36.00 in a research note released on Friday. The firm currently has a sector perform rating on the stock.
Separately, BMO Capital Markets decreased their price target on Canadian Utilities from C$40.00 to C$39.00 in a report on Friday.
Canadian Utilities (TSE:CU) opened at C$33.55 on Friday. The firm has a market capitalization of $9,100.00, a P/E ratio of 21.79 and a beta of 0.07. Canadian Utilities has a fifty-two week low of C$33.37 and a fifty-two week high of C$42.44.
In other Canadian Utilities news, Director George J. Lidgett sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of C$38.91, for a total value of C$77,820.00.
Canadian Utilities Company Profile
Canadian Utilities Limited is a global enterprise company. Its segments include Electricity, Pipeline & Liquids, and Corporate & Other. Its Electricity segment’s activities are conducted through two regulated businesses; ATCO Electric Distribution and ATCO Electric Transmission, and three non-regulated businesses, ATCO Power, ATCO Power Australia and Alberta PowerLine (APL).
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