Canadian Utilities Limited’s Trend Down, Especially After Today’s Weak Session

 Canadian Utilities Limited's Trend Down, Especially After Today's Weak Session

The stock of Canadian Utilities Limited (TSE:CU) is a huge mover today! About 35,899 shares traded hands. Canadian Utilities Limited (TSE:CU) has risen 2.41% since April 20, 2016 and is uptrending. It has underperformed by 3.00% the S&P500.
The move comes after 6 months negative chart setup for the $9.73 billion company. It was reported on Nov, 24 by Barchart.com. We have $34.49 PT which if reached, will make TSE:CU worth $486.50M less.

Canadian Utilities Limited (TSE:CU) Ratings Coverage

Out of 6 analysts covering Canadian Utilities Limited (TSE:CU), 2 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 33% are positive. Canadian Utilities Limited has been the topic of 16 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The firm has “” rating given on Friday, June 17 by Barclays Capital.

More news for Canadian Utilities Limited (TSE:CU) were recently published by: Fool.ca, which released: “Dividend Investors: Consider Canadian Utilities Limited” on November 18, 2016. Fool.ca‘s article titled: “Is Canadian Utilities Limited or ATCO Ltd. a Better Buy Today?” and published on November 27, 2015 is yet another important article.

Canadian Utilities Limited is an ATCO company. The company has a market cap of $9.73 billion. The Company’s divisions include Electricity, Pipelines & Liquids and Corporate & Other. It has a 24.16 P/E ratio. The Electricity segment includes businesses of ATCO Electric, ATCO Power and ATCO Power Australia that provide power generation, distributed generation, and electricity distribution, transmission and infrastructure development in northern and central east Alberta, the Yukon, the Northwest Territories and Australia.

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.

Related posts

Leave a Comment