Northland Power Inc (Ontario) T.NPI

Analyst round up

[Possibleidiot01]

Raymond James an outlier to the upside ; RBC and TD on the downside.

Stock also had a big fall in 2020 and then a recovery.

• Northland Power (TSE:NPI) had its price target lowered by analysts at Cormark from C$45.00 to C$35.00. This represents a 50.1% upside from the current price of C$23.32.
•  
• Northland Power (TSE:NPI) had its price target lowered by analysts at CIBC from C$36.00 to C$35.00. This represents a 50.1% upside from the current price of C$23.32.
•  
• Northland Power (TSE:NPI) had its price target lowered by analysts at ATB Capital from C$44.00 to C$42.00. This represents a 80.1% upside from the current price of C$23.32.
•  
• Northland Power (TSE:NPI) was upgraded by analysts at Raymond James from an "outperform" rating to a "strong-buy" rating. They now have a C$43.00 price target on the stock. This represents a 84.4% upside from the current price of C$23.32.
•  
• Northland Power (TSE:NPI) had its price target lowered by analysts at TD Securities from C$35.00 to C$30.00. They now have a "buy" rating on the stock. This represents a 28.6% upside from the current price of C$23.32.
•  
• Northland Power (TSE:NPI) had its price target lowered by analysts at Royal Bank of Canada from C$36.00 to C$31.00. They now have an "outperform" rating on the stock. This represents a 32.9% upside from the current price of C$23.32.

[BayWall]

All analysts say there's an upside from the current price, to their target prices. As for price drops, Brookfield Renewables, Innergex, and Northland all down 50% from their peaks. It's not a one company thing, but an industry wide decline. Orsted, the largest offshore windfarm developer in the world,  is down from 1100 to 540,  about 50% TSX Renewable Index (TXCT) 282 peak to