Capital Power (TSE:CPX) had its target price boosted by Raymond James from C$35.50 to C$36.00 in a research note issued to investors on Friday, BayStreet.CA reports. Raymond James also issued estimates for Capital Power’s Q2 2019 earnings at $0.27 EPS and FY2019 earnings at $1.23 EPS.

Several other brokerages have also recently issued reports on CPX. CSFB lifted their price target on Pembina Pipeline from C$54.00 to C$58.00 in a research report on Thursday, April 25th. National Bank Financial raised their price objective on Capital Power from C$38.00 to C$39.00 and gave the stock an outperform rating in a research note on Wednesday, June 19th. CIBC raised Crescent Point Energy from a neutral rating to a sector outperform rating in a research note on Thursday, May 9th. Finally, BMO Capital Markets raised their price objective on goeasy from C$55.00 to C$60.00 in a research note on Thursday, May 9th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of C$32.88.

CPX traded up C$0.06 during trading hours on Friday, hitting C$30.28. The company’s stock had a trading volume of 176,100 shares, compared to its average volume of 291,355. Capital Power has a fifty-two week low of C$25.33 and a fifty-two week high of C$32.44. The stock has a market capitalization of $3.23 billion and a price-to-earnings ratio of 12.39. The business’s 50-day moving average is C$30.53. The company has a quick ratio of 0.57, a current ratio of 0.95 and a debt-to-equity ratio of 81.76.

Capital Power (TSE:CPX) last issued its quarterly earnings results on Monday, April 29th. The company reported C$0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.58 by C($0.29). The firm had revenue of C$365.00 million during the quarter. Equities analysts expect that Capital Power will post 1.8 earnings per share for the current year.

Capital Power Company Profile

Capital Power Corporation develops, acquires, owns, and operates power generation facilities in Canada and the United States. The company generates electricity from various energy sources, including natural and landfill gas, coal, wind, waste heat, solid fuels, and solar. It owns approximately 5,100 megawatts of power generation capacity.

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Analyst Recommendations for Capital Power (TSE:CPX)

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