Shares of Northland Power Inc. (TSE:NPI – Get Rating) have received an average recommendation of "Moderate Buy" from the twelve analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is C$49.44.
Several equities analysts have recently weighed in on NPI shares. Royal Bank of Canada lifted their price objective on Northland Power from C$46.00 to C$48.00 and gave the company a "sector perform" rating in a research note on Monday, August 15th. Credit Suisse Group boosted their price objective on shares of Northland Power to C$53.00 in a research note on Wednesday. ATB Capital raised their target price on shares of Northland Power from C$50.00 to C$53.00 in a research note on Monday, August 15th. BMO Capital Markets lifted their target price on shares of Northland Power from C$44.00 to C$50.00 in a report on Friday, August 12th. Finally, CIBC increased their price target on Northland Power from C$44.00 to C$48.00 in a report on Monday, August 15th.
Get Northland Power alerts:Northland Power Price Performance
Shares of Northland Power stock opened at C$45.40 on Monday. The business's fifty day moving average price is C$40.98 and its 200 day moving average price is C$39.99. Northland Power has a twelve month low of C$34.95 and a twelve month high of C$47.13. The company has a current ratio of 1.28, a quick ratio of 0.99 and a debt-to-equity ratio of 186.75. The stock has a market capitalization of C$10.69 billion and a P/E ratio of 18.68.
Northland Power Dividend Announcement
The firm also recently announced a monthly dividend, which was paid on Friday, July 15th. Stockholders of record on Friday, July 15th were paid a dividend of $0.10 per share. The ex-dividend date was Wednesday, June 29th. This represents a $1.20 annualized dividend and a dividend yield of 2.64%. Northland Power's dividend payout ratio is presently 49.38%.Northland Power Company Profile
(Get Rating)
Northland Power Inc, an independent power producer, develops, builds, owns, and operates clean and green power projects in North America, Europe, Latin America, and Asia. The company produces electricity from renewable resources, such as wind, solar, or hydropower, as well as clean-burning natural gas and biomass for sale under power purchase agreements and other revenue arrangements.
Featured Stories
- 3 Payroll Software Makers Set For Growth In 2023
- PENN Entertainment Stock is Reset and Ready to Rebound
- NYSE Stocks Give Investors a Variety of Quality Options
- Zoom Video Communications Valuation Is Realigned With Reality
- The J.M. Smucker Company Proves Why Staples Are Outperforming
Receive News & Ratings for Northland Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northland Power and related companies with MarketBeat.com's FREE daily email newsletter.