RBC Capital Reaffirms Their Hold Rating on Northland Power Inc (NPIFF)

In a report released today, Nelson Ng from RBC Capital maintained a Hold rating on Northland Power Inc (NPIFF), with a price target of $27. The company’s shares closed last Monday at $18.50.

According to TipRanks.com, Ng is a 4-star analyst with an average return of 18.8% and a 81.5% success rate. Ng covers the Utilities sector, focusing on stocks such as Brookfield Renewable Partners L.P., Algonquin Power & Utilities Corp, and Just Energy Group Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Northland Power Inc with a $21.64 average price target.

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The company has a one-year high of $20.12 and a one-year low of $15. Currently, Northland Power Inc has an average volume of 2,510.

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Northland Power, Inc. engages in the development, building, owning, and managing wind facilities. It operates through the following segments: Offshore Wind, Thermal, On-shore Renewables, and Other. The Offshore Wind segment comprises Gemini, Nordsee One, and Deutsche Bucht projects.

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