Raymond James Financial Inc. upgraded shares of Capital Power Corp (TSE:CPX) from a market perform rating to an outperform rating in a research report report published on Friday morning. Raymond James Financial Inc. currently has C$24.00 price objective on the stock, up from their prior price objective of C$20.00.

CPX has been the subject of several other research reports. Royal Bank Of Canada lowered Capital Power Corp from a sector outperform rating to a sector perform rating and set a C$21.00 target price for the company. in a research report on Tuesday, October 25th. BMO Capital Markets boosted their price target on Capital Power Corp from C$20.00 to C$21.50 and gave the company a market perform rating in a report on Tuesday, October 25th. CIBC lowered Capital Power Corp from an outperform rating to a sector perform rating in a report on Tuesday, October 25th. Scotiabank reiterated an underperform rating and issued a C$18.50 price target on shares of Capital Power Corp in a report on Tuesday, October 25th. Finally, TD Securities boosted their price target on Capital Power Corp from C$20.00 to C$21.00 and gave the company a hold rating in a report on Tuesday, October 25th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Capital Power Corp has an average rating of Hold and an average price target of C$22.14.

Shares of Capital Power Corp (TSE:CPX) opened at 23.34 on Friday. The firm’s 50-day moving average price is $20.98 and its 200 day moving average price is $20.36. The stock has a market capitalization of $2.24 billion and a P/E ratio of 23.29. Capital Power Corp has a 52 week low of $15.40 and a 52 week high of $23.79.

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About Capital Power Corp

Capital Power Corp (Capital Power) is a power producing company. The Company develops, acquires, operates and optimizes power generation from a range of energy sources. 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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