A Wall Street analyst has provided a rating update for the Utilities sector company today, while remaining neutral on the stock. Analyst Ross Fowler from UBS remains neutral on Canadian Utilities A (CU) and has a C$38 price target.
According to TipRanks.com, Fowler is ranked #3635 out of 5249 analysts.
Currently, the analyst consensus on Canadian Utilities A is a Hold with an average price target of C$36.67.
Canadian Utilities A’s market cap is currently C$9.83B and has a P/E ratio of 17.3. The company has a Price to Book ratio of 2.
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 Wednesday at C$36.13, close to its 52-week high of C$36.59.
