Is ALTERRA POWER CORP a Buy? The Stock Rises Again

 Is ALTERRA POWER CORP a Buy? The Stock Rises Again

The stock of ALTERRA POWER CORP (TSE:AXY) is a huge mover today! About 26,655 shares traded hands. ALTERRA POWER CORP (TSE:AXY) has risen 24.67% since March 24, 2016 and is uptrending. It has outperformed by 21.19% the S&P500.
The move comes after 7 months positive chart setup for the $300.94M company. It was reported on Oct, 31 by Barchart.com. We have $14.33 PT which if reached, will make TSE:AXY worth $463.45M more.

ALTERRA POWER CORP (TSE:AXY) Ratings Coverage

Out of 3 analysts covering Alterra Power Corp (TSE:AXY), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $0.80 is the highest target while $0.55 is the lowest. The $0.73 average target is -87.06% below today’s ($5.64) stock price. Alterra Power Corp has been the topic of 6 analyst reports since August 13, 2015 according to StockzIntelligence Inc.

More notable recent ALTERRA POWER CORP (TSE:AXY) news were published by: Prnewswire.com which released: “Alterra Power Completes Refinancing of Icelandic Bond” on October 25, 2016, also Seekingalpha.com with their article: “Alterra Power – Aggressively Growing Renewable Energy Play” published on August 25, 2016, Seekingalpha.com published: “Alterra Power Is Still Underestimated By Mr. Market” on November 24, 2015. More interesting news about ALTERRA POWER CORP (TSE:AXY) were released by: Seekingalpha.com and their article: “Interview With Alterra Power Corp. Chairman And Founder Ross Beaty (MGMXF)” published on May 14, 2015 as well as Marketwatch.com‘s news article titled: “Alterra Power Completes Arrangements to Refinance $72 Million Icelandic Bond” with publication date: October 03, 2016.

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