The stock of Atlantic Power Corporation (TSE:ATP) is a huge mover today! About 59,905 shares traded hands. Atlantic Power Corporation (TSE:ATP) has risen 3.43% since April 13, 2016 and is uptrending. It has underperformed by 1.20% the S&P500.
The move comes after 6 months positive chart setup for the $404.05M company. It was reported on Nov, 17 by Barchart.com. We have $7.91 PT which if reached, will make TSE:ATP worth $533.35M more.
Atlantic Power Corporation (TSE:ATP) Ratings Coverage
Out of 3 analysts covering Atlantic Power Corporation (TSE:ATP), 0 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 0 are positive. $3 is the highest target while $2.50 is the lowest. The $2.75 average target is -19.35% below today’s ($3.41) stock price. Atlantic Power Corporation has been the topic of 6 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The rating was maintained by TD Securities with “Hold” on Wednesday, November 9. The firm earned “Hold” rating on Thursday, August 11 by TD Securities. The firm has “Hold” rating by TD Securities given on Wednesday, August 12. The stock of Atlantic Power Corporation (TSE:ATP) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, November 8.
More notable recent Atlantic Power Corporation (TSE:ATP) news were published by: Prnewswire.com which released: “Atlantic Power Corporation Announces Substantial Issuer Bid” on June 17, 2016, also Prnewswire.com with their article: “Atlantic Power Corporation Announces Changes to Capital Allocation Strategy” published on February 10, 2016, Reuters.com published: “BRIEF-Atlantic Power Corp reports qtrly loss per share of $0.69” on November 07, 2016. More interesting news about Atlantic Power Corporation (TSE:ATP) were released by: Prnewswire.com and their article: “Atlantic Power Corporation Announces Launch of Syndication of New Senior …” published on March 21, 2016 as well as Fool.com‘s news article titled: “Why Shares of Atlantic Power Corporation Popped 38% in March” with publication date: April 07, 2016.
Atlantic Power Corporation owns and operates a fleet of power generation assets in the United States and Canada. The company has a market cap of $404.05 million. The Company’s power generation projects sell electricity to utilities and other commercial clients primarily under long-term power purchase agreements (PPAs). It currently has negative earnings. Atlantic Power operates through four divisions: East U.S., West U.S., Canada and Un-Allocated Corporate.
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