Equities research analysts at TD Securities decreased their price target on shares of Capital Power Corporation (TSE: CPX) from $25.00 to $24.00 in a research note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at National Bank of Greece cut their price target on shares of Capital Power Corporation from $25.00 to $24.00 in a research note to investors on Monday. They now have a “sector perform” rating on the stock. Separately, analysts at Scotiabank cut their price target on shares of Capital Power Corporation from $23.00 to $20.00 in a research note to investors on Monday. They now have a “sector underperform” rating on the stock. Finally, 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.
Shares of Capital Power Corporation traded down 1.12% during mid-day trading on Tuesday, hitting $22.13. Capital Power Corporation has a one year low of $20.75 and a one year high of $25.14. The stock’s 50-day moving average is currently $23.12. The company has a market cap of $2.165 billion and a P/E ratio of 8.88.
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 5.63%.
Capital Power Corporation (Capital Power) is a North American independent power producer. The Company develops, acquires and operates power generation from a variety of energy sources.
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