Capital Power Corporation (TSE:CPX) Has Just Had Its Target Downgraded by Researchers at National Bank Financial to $19.00

Share

Analysis: Capital Power Corporation (TSE:CPX) Target Increased Today

In a recent report issued by National Bank Financial on 26 November, the firm, Capital Power Corporation (TSE:CPX), had their Estimated Target Price lowered to $19.00. Analusts right now have a solid “Sector Perform” rating on the stock.

From a total of 5 analysts covering Capital Power Corporation (TSE:CPX) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 5 a ”Hold”. This means that 0 of the ratings are positive. The highest target price is $26 while the lowest target price is $21. The mean of all analyst targets is $23.67 with a 43.28% above today’s ($16.52) stock price. Capital Power Corporation was the topic of 9 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. IBC downgraded shares on November 25 to “Target Price” rating.

Approximately 66,509 shares of stock traded hands. Capital Power Corporation (TSE:CPX) has declined 33.77% since April 23, 2015 and is downtrending. It has underperformed by 32.40% the S&P500.

Capital Power Corporation (TSE:CPX) Has Just Had Its Target Downgraded by Researchers at National Bank Financial to $19.00

Capital Power Corporation is a Canada power producing company. The company has a market cap of $1.65 billion. The Firm develops, acquires, operates and optimizes power generation from a range of energy sources. It has 19.65 P/E ratio. Capital Power owns over 2,700 megawatts (MW) of power generation capacity at 15 facilities across North America and owns 371 MW of capacity through its interest in Sundance PPA.

COMMENTS: