A number of firms have modified their ratings and price targets on shares of Calpine Corporation (NYSE: CPN) recently:
- 8/10/2017 - Calpine Corporation was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
- 8/2/2017 - Calpine Corporation was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
- 7/31/2017 - Calpine Corporation had its price target raised by analysts at BMO Capital Markets from $14.00 to $16.00. They now have an “outperform” rating on the stock.
- 7/28/2017 - Calpine Corporation was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
- 7/28/2017 - Calpine Corporation had its “buy” rating reaffirmed by analysts at BMO Capital Markets. They now have a $14.00 price target on the stock.
- 7/24/2017 - Calpine Corporation had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $15.00 price target on the stock.
- 7/13/2017 - Calpine Corporation was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
- 7/12/2017 - Calpine Corporation was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “CALPINE CORPORATION is helping meet the needs of an economy that demands more and cleaner sources of electricity. Calpine is a major U.S. power company, capable of delivering nearly 24,000 megawatts of clean, cost-effective, reliable and fuel-efficient electricity to customers and communities in 18 states in the U.S. The company owns, leases and operates low-carbon, natural gas-fired and renewable geothermal power plants. Using advanced technologies, Calpine generates electricity in a reliable and environmentally responsible manner for the customers and communities it serves. “
- 7/11/2017 - Calpine Corporation was given a new $11.00 price target on by analysts at Morgan Stanley. They now have a “hold” rating on the stock.
- 7/10/2017 - Calpine Corporation was downgraded by analysts at Goldman Sachs Group, Inc. (The) from a “buy” rating to a “neutral” rating.
- 7/10/2017 - Calpine Corporation had its “equal weight” rating reaffirmed by analysts at Morgan Stanley.
- 7/6/2017 - Calpine Corporation was given a new $15.00 price target on by analysts at Citigroup Inc.. They now have a “buy” rating on the stock.
- 7/5/2017 - Calpine Corporation was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
- 6/27/2017 - Calpine Corporation was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
- 6/27/2017 - Calpine Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “CALPINE CORPORATION is helping meet the needs of an economy that demands more and cleaner sources of electricity. Calpine is a major U.S. power company, capable of delivering nearly 24,000 megawatts of clean, cost-effective, reliable and fuel-efficient electricity to customers and communities in 18 states in the U.S. The company owns, leases and operates low-carbon, natural gas-fired and renewable geothermal power plants. Using advanced technologies, Calpine generates electricity in a reliable and environmentally responsible manner for the customers and communities it serves. “
- 6/26/2017 - Calpine Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $15.00 price target on the stock. According to Zacks, “CALPINE CORPORATION is helping meet the needs of an economy that demands more and cleaner sources of electricity. Calpine is a major U.S. power company, capable of delivering nearly 24,000 megawatts of clean, cost-effective, reliable and fuel-efficient electricity to customers and communities in 18 states in the U.S. The company owns, leases and operates low-carbon, natural gas-fired and renewable geothermal power plants. Using advanced technologies, Calpine generates electricity in a reliable and environmentally responsible manner for the customers and communities it serves. “
- 6/22/2017 - Calpine Corporation had its price target raised by analysts at Royal Bank Of Canada from $13.00 to $15.00. They now have an “outperform” rating on the stock.
Calpine Corporation (CPN) traded up 10.22% during trading on Friday, reaching $14.88. The company had a trading volume of 112,783,658 shares. The company has a market capitalization of $5.37 billion, a P/E ratio of 111.88 and a beta of 1.02. The firm’s 50 day moving average is $13.86 and its 200-day moving average is $12.24. Calpine Corporation has a 12 month low of $9.30 and a 12 month high of $14.90.
Calpine Corporation (NYSE:CPN) last issued its earnings results on Friday, July 28th. The utilities provider reported ($0.61) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.02 by $0.63. Calpine Corporation had a net margin of 0.57% and a negative return on equity of 8.92%. The firm had revenue of $2.08 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the business posted $0.06 EPS. Calpine Corporation’s revenue was up 79.0% compared to the same quarter last year. On average, equities analysts expect that Calpine Corporation will post $0.53 earnings per share for the current year.
Calpine Corporation is a power generation company. The Company is engaged in the ownership and operation of primarily natural gas-fired and geothermal power plants in North America. The Company’s segments include West (including geothermal), Texas and East (including Canada). In the Northeast and Mid-Atlantic regions, the Company has generating units capable of burning either natural gas or fuel oil.
Receive News & Ratings for Calpine Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calpine Corporation and related companies with MarketBeat.com's FREE daily email newsletter.
