In a latest note to investors, a research analyst has provided a rating update for the Canadian Utilities A (CU). BMO Capital’s analyst Benjamin Pham reiterates their Hold rating on the shares, with a C$36 price target.
According to TipRanks.com, Pham is a 5-star analyst with an average return of 8.3% and a 79.3% success rate. Pham covers the Utilities sector, focusing on stocks such as Brookfield Renewable Partners L.P., Pattern Energy, and Fortis Inc.
Currently, the analyst consensus on Canadian Utilities A is a Hold with an average price target of C$36.
The company has a one-year high of C$36.59 and a one-year low of C$29.12. Currently, Canadian Utilities A has an average volume of 352.2K.
Canadian Utilities Ltd. engages in the provision of business solutions to companies in the utilities, energy, structures and logistics, and technologies sector. It operates through the following business units: Electricity, Pipelines & Liquids, and Corporate & Other.
The company’s shares closed on Thursday at C$34.99.
