RE:RE:Mike Vinokur - BNN - TOP PICKSecond stock in the clip. Opened a position yesterday. In addition to what has been posted, included a few more recent analyst comments. Targets now range from a low of $40 (BMO) to a high of $51 (DJ) with a consensus close to $46. At its current bargain price together with a 6.8% dividend, what's not to like long term? GLTA
https://www.bnnbloomberg.ca/video/mike-vinokur-s-top-picks~2845578
WEAK BUY
Capital Power(CPX-T)
10/01/2024
Tough year, along with other green-opportunity power producers. Some of that was unwarranted. Looking at it, but already owns so much in the space, like AQN. No problem with it at current levels. Yield is 6.6%. See his Top Picks.
Electrical Utilities
Ryan Bushell
$37.250
No
WEAK BUY
Capital Power(CPX-T)
04/01/2024
14.5x PE, versus Hydro One at 17-18x. Great dividend, but payout ratio is high at 109%. Need to consider anticipated EPS growth rate, and this one's flat. Favourable acquisition. Decent. But ALA is the clear winner on PE and price to growth.
Electrical Utilities
Greg Newman
$37.610
Unknown
TOP PICK
Capital Power(CPX-T)
22/12/2023
Excellent business model. Currently in the middle of positive M&A. 6.6% dividend yield very safe. As rates fall, will see company share price rice. Sees excellent growth going forward. Has been buying shares recently, and will continue to hold.
Electrical Utilities
Brianne Gardner
$37.720
Owned
TOP PICK
Capital Power(CPX-T)
07/11/2023
Stockchase Research Editor: Michael O'Reilly
CPX operates a diversified portfolio of electricity generating assets including renewables. It has a goal to be net-zero emission by 2045. It increased dividends by 6%, trades at 12x earnings and 1.4x book while supporting a 18% ROE. It pays a good divdend, backed by a payout ratio under 55% of cash flow. We recommend placing a stop-loss at $33, looking to achieve $48 -- upside potential of 24%. Yield 6.0%
(Analysts’ price target is $48.27)
Electrical Utilities
$38.230