Could Capital Power Corp Gain Strenght? The Stock Reaches 52-Week Low

 Could Capital Power Corp Gain Strenght? The Stock Reaches 52 Week Low

The stock of Capital Power Corp (TSE:CPX) is a huge mover today! About 204,370 shares traded hands. Capital Power Corp (TSE:CPX) has risen 30.88% since April 22, 2016 and is uptrending. It has outperformed by 24.86% the S&P500.
The move comes after 6 months negative chart setup for the $2.41B company. It was reported on Nov, 28 by Barchart.com. We have $21.04 PT which if reached, will make TSE:CPX worth $192.80 million less.

Capital Power Corp (TSE:CPX) Ratings Coverage

Out of 7 analysts covering Capital Power Corporation (TSE:CPX), 3 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 43% are positive. $28 is the highest target while $18 is the lowest. The $23.19 average target is 1.40% above today’s ($22.87) stock price. Capital Power Corporation has been the topic of 27 analyst reports since July 28, 2015 according to StockzIntelligence Inc. Scotia Capital maintained Capital Power Corp (TSE:CPX) rating on Tuesday, July 28. Scotia Capital has “Sector Perform” rating and $25 price target. RBC Capital Markets maintained the shares of CPX in a report on Tuesday, October 25 with “Sector Perform” rating. The rating was downgraded by IBC on Wednesday, November 25 to “Target Price”. GMP Securities upgraded Capital Power Corp (TSE:CPX) on Friday, November 25 to “Buy” rating. The company was upgraded on Friday, November 25 by Raymond James. The firm earned “Underperform” rating on Tuesday, October 25 by Scotia Capital.

More important recent Capital Power Corp (TSE:CPX) news were published by: Fool.ca which released: “Why TransAlta Corporation and Capital Power Corp. Exploded Higher Today” on November 25, 2016, also Business.Financialpost.com published article titled: “Capital Power Corp downgraded despite strong Q3”, Business.Financialpost.com published: “Capital Power upgraded on Alberta compensation for stranded coal assets” on November 25, 2016. More interesting news about Capital Power Corp (TSE:CPX) was released by: Cbc.ca and their article: “Capital Power ditches deal to buy power of Sundance coal-fired plant” with publication date: March 24, 2016.

Capital Power Corp is a power producing company. The company has a market cap of $2.41 billion. The Firm develops, acquires, operates and optimizes power generation from a range of energy sources. It has a 22.84 P/E ratio. It operates through the operation of electrical generation facilities within Canada (Alberta, British Columbia and Ontario) and in the United States (North Carolina and New Mexico) segment.

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