Credit Suisse (SIX:CSGN) analyst Andrew Kuske maintained a Hold rating on Northland Power (OTC:NPIFF) on Tuesday, setting a price target of C$47.5, which is approximately 5.26% above the present share price of $34.77.
Kuske expects Northland Power to post earnings per share (EPS) of $0.40 for the fourth quarter of 2020.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Northland Power, with an average price target of $35.48.
The analysts price targets range from a high of $39.3 to a low of $33.9.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $470.87 million and a net profit of $164.23 million. The company's market cap is $6.78 billion.
According to TipRanks.com, Credit Suisse analyst Andrew Kuske is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 1.0% and a 56.30% success rate.
Northland Power Inc is an operator of power producing facilities. These facilities generate electricity from natural gas or use renewable sources, such as wind and solar power. Most of the electricity produced by Northland Power comes from its thermal facilities. Additionally, almost all of Northland Power's power generation takes place in Canada. The company also owns assets in Mexico, the Netherlands, and Germany. In the Netherlands and Germany, Northland Power is developing onshore and offshore wind facilities. Northland Power derives most of its revenue from the sale of electricity using long-term agreements and through its ownership of other power generating facilities, or NUGs, that also sell energy.