Insider Buying: Capital Power Corp (CPX) Director Purchases C$74,040.00 in Stock

Capital Power Corp (TSE:CPX) Director Donald James Lowry bought 3,000 shares of the firm’s stock in a transaction dated Tuesday, October 31st. The stock was bought at an average cost of C$24.68 per share, with a total value of C$74,040.00.

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CPX has been the subject of a number of analyst reports. TD Securities increased their price target on Capital Power Corp from C$26.00 to C$28.00 and gave the company a “hold” rating in a report on Thursday, July 27th. National Bank Financial increased their price target on Capital Power Corp from C$32.00 to C$33.00 and gave the company an “outperform” rating in a report on Wednesday, August 2nd. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Capital Power Corp has an average rating of “Buy” and a consensus target price of C$27.31.

About Capital Power Corp

Capital Power Corporation is a North American power producing company. The Company develops, acquires, operates and optimizes power generation from a range of energy sources. The Company is engaged in the operation of electrical generation facilities within Canada, including Alberta, British Columbia and Ontario, and in the United States, including North Carolina, New Mexico and Kansas.

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