Northland Power Given New C$18.00 Price Target at National Bank Financial (NPI)

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Stock analysts at National Bank Financial upped their price objective on shares of Northland Power (TSE:NPI) from C$17.50 to C$18.00 in a report issued on Tuesday, AnalystRatings.NET reports. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s price target suggests a potential upside of 4.11% from the stock’s previous close.

Shares of Northland Power (TSE:NPI) traded up 1.33% on Tuesday, hitting $17.52. 121,407 shares of the company’s stock traded hands. Northland Power has a 52 week low of $14.07 and a 52 week high of $19.51. The stock has a 50-day moving average of $17.32 and a 200-day moving average of $16.35. The company has a price-to-earnings ratio of 16.01.

A number of other firms have also recently commented on NPI. Analysts at Northland Securities raised their price target on shares of Northland Power from C$17.50 to C$18.00 in a research note on Tuesday. They now have a “sector perform” rating on the stock. Separately, analysts at Cormark upgraded shares of Northland Power from a “market perform” rating to a “buy” rating in a research note on Thursday, March 27th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Northland Power has a consensus rating of “Buy” and a consensus price target of C$17.90.

Northland Power Inc (TSE:NPI) owns or has an economic interests, through its subsidiaries, in operating power-producing facilities and a pipeline of construction and development projects.

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