Capital Power Corporation (TSE: CPX) had its target price cut by Scotiabank from $23.00 to $20.00 in a report released on Monday. Scotiabank currently has a sector underperform rating on the stock.
A number of other firms have also recently commented on CPX. Analysts at RBC Capital reiterated a sector perform rating on shares of Capital Power Corporation in a research note to investors on Monday. They now have a $23.00 price target on the stock. Separately, analysts at National Bank Financial cut their price target on shares of Capital Power Corporation from $25.00 to $24.00 in a research note to investors on Monday. Finally, analysts at Canaccord Genuity cut their price target on shares of Capital Power Corporation from $25.00 to $24.00 in a research note to investors on Monday.
Capital Power Corporation opened at 21.39 on Monday. Capital Power Corporation has a 52-week low of $20.75 and a 52-week high of $25.14. The stock’s 50-day moving average is currently $23.. The company has a market cap of $2.093 billion and a price-to-earnings ratio of 26.64.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, April 30th. Investors of record on Thursday, March 28th will be paid a dividend of $0.32 per share. This represents a $1.26 annualized dividend and a dividend yield of 5.89%.
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