Northland Power Inc. Just Recorded A Sigfniciant Decline

 Northland Power Inc. Just Recorded A Sigfniciant Decline

The stock of Northland Power Inc. (TSE:NPI) is a huge mover today! About 219,225 shares traded hands. Northland Power Inc. (TSE:NPI) has risen 6.50% since April 5, 2016 and is uptrending. It has outperformed by 1.72% the S&P500.
The move comes after 6 months negative chart setup for the $3.89 billion company. It was reported on Nov, 9 by Barchart.com. We have $21.66 PT which if reached, will make TSE:NPI worth $194.50 million less.

Northland Power Inc. (TSE:NPI) Ratings Coverage

Out of 5 analysts covering Northland Power (TSE:NPI), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. $27 is the highest target while $21 is the lowest. The $25.20 average target is 10.53% above today’s ($22.8) stock price. Northland Power has been the topic of 7 analyst reports since November 11, 2015 according to StockzIntelligence Inc. The firm earned “Market Perform” rating on Wednesday, December 30 by BMO Capital Markets. Canaccord Genuity initiated Northland Power Inc. (TSE:NPI) rating on Wednesday, July 20. Canaccord Genuity has “Hold” rating and $26 price target.

More important recent Northland Power Inc. (TSE:NPI) news were published by: Bloomberg.com which released: “Northland Power Hires CIBC, JPMorgan to Launch Strategic Review” on July 12, 2016, also Seekingalpha.com published article titled: “Northland Power On Target For Future Gains”, Seekingalpha.com published: “Northland Power – Renewable Energy For Europe” on January 31, 2016. More interesting news about Northland Power Inc. (TSE:NPI) was released by: Pehub.com and their article: “Northland Power could be taken private in strategic review: Reuters” with publication date: September 28, 2016.

Northland Power Inc. is an independent power producer. The company has a market cap of $3.89 billion. The Firm develops, finances, builds, owns and operates facilities in Canada and internationally that produce clean and green energy using natural gas, biomass, wind and solar technology. It currently has negative earnings. Northland divisions include thermal; renewable; managed, which includes management and activities services for Kirkland Lake, Cochrane and Canadian Environmental Energy Corporation (CEEC); offshore wind, including Gemini and Nordsee, and other, which includes investment income and administration of Northland.

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