What’s in Northland Power Inc. After Today’s Huge Increase?

 What's in Northland Power Inc. After Today's Huge Increase?

The stock of Northland Power Inc. (TSE:NPI) is a huge mover today! About 29,578 shares traded hands. Northland Power Inc. (TSE:NPI) has risen 0.67% since April 12, 2016 and is uptrending. It has underperformed by 4.02% the S&P500.
The move comes after 7 months positive chart setup for the $3.65 billion company. It was reported on Nov, 16 by Barchart.com. We have $32.22 PT which if reached, will make TSE:NPI worth $1.90 billion more.

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 18.87% above today’s ($21.2) stock price. Northland Power has been the topic of 8 analyst reports since November 11, 2015 according to StockzIntelligence Inc. The rating was downgraded by BMO Capital Markets to “Market Perform” on Wednesday, December 30. TD Securities upgraded the stock to “Buy” rating in Friday, November 11 report. Canaccord Genuity initiated Northland Power Inc. (TSE:NPI) rating on Wednesday, July 20. Canaccord Genuity has “Hold” rating and $26 price target.

More news for Northland Power Inc. (TSE:NPI) were recently published by: Forbes.com, which released: “Northland Power About To Put More Money In Your Pocket (NPI)” on October 25, 2016. Bloomberg.com‘s article titled: “Northland Power Surges After Announcing Strategic Review” and published on July 12, 2016 is yet another important article.

Northland Power Inc. is an independent power producer. The company has a market cap of $3.65 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment