Atlantic Power (TSE: ATP) received a number of ratings updates from brokerages and research firms in the last week:
- Atlantic Power was downgraded by analysts at Desjardins from a “buy” rating to a “hold” rating.
- Atlantic Power had its price target lowered by analysts at Scotiabank from $10.00 to $6.00. They now have an “underperform” rating on the stock.
- Atlantic Power had its price target lowered by analysts at CIBC from $12.00 to $7.50. They now have a “sector perform” rating on the stock.
- Atlantic Power had its price target lowered by analysts at BMO Capital Markets from $12.00 to $7.00. They now have an “underperform” rating on the stock.
- Atlantic Power had its price target lowered by analysts at TD Securities from $12.50 to $7.00. They now have a “hold” rating on the stock.
- Atlantic Power had its price target lowered by analysts at RBC Capital from $9.00 to $7.00. They now have an “underperform” rating on the stock.
Shares of Atlantic Power Co. traded down 3.47% during mid-day trading on Tuesday, hitting $5.85. Atlantic Power Co. has a 52 week low of $5.96 and a 52 week high of $15.12. The stock’s 50-day moving average is currently $11.64. The company’s market cap is $698.8 million.
Atlantic Power Corporation (Atlantic Power) owns and operates a fleet of power generation and infrastructure assets in the United States and Canada.
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