BMO Capital Remains a Hold on Canadian Utilities A

By Carrie Williams

Wall Street analyst has provided a review for the Utilities company on July 27, but retained the same rating on the stock. Analyst Benjamin Pham from BMO Capital reiterated a Hold rating, with a C$41 price target on July 27.

According to TipRanks.com, Pham is a 5-star analyst with an average return of 10.4% and a 87.9% success rate. Pham covers the Utilities sector, focusing on stocks such as Brookfield Renewable Energy, Atlantic Power Corp, and Pattern Energy.

Currently, the analyst consensus on Canadian Utilities A is Hold and the average price target is C$41, representing a 2.2% upside.

In a report issued on July 25, Credit Suisse also maintained a Hold rating on the stock with a C$42 price target.

The company has a one year high of C$42.44 and a one year low of C$34.83. Currently, Canadian Utilities A has an average volume of 248.1K.

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 Friday at C$40.13.