Canadian Utilities (TSE:CU) Price Target Raised to C$55.00

by · The Markets Daily

Canadian Utilities (TSE:CU – Free Report) had its price objective lifted by National Bank Financial from C$51.00 to C$55.00 in a research report sent to investors on Thursday morning,BayStreet.CA reports. National Bank Financial currently has a sector perform rating on the stock.

A number of other brokerages have also recently commented on CU. Royal Bank Of Canada increased their target price on Canadian Utilities from C$49.00 to C$50.00 and gave the company a “sector perform” rating in a report on Thursday, May 7th. TD boosted their price target on Canadian Utilities from C$48.00 to C$52.00 and gave the stock a “hold” rating in a research report on Thursday. Canadian Imperial Bank of Commerce increased their price objective on Canadian Utilities from C$53.00 to C$55.00 in a research note on Thursday. Finally, Scotiabank raised their price objective on Canadian Utilities from C$50.00 to C$53.00 and gave the company a “sector perform” rating in a report on Tuesday, July 21st. Seven research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of C$53.57.

Check Out Our Latest Report on Canadian Utilities

Canadian Utilities Stock Down 1.6%

CU opened at C$55.72 on Thursday. Canadian Utilities has a twelve month low of C$37.13 and a twelve month high of C$56.90. The company has a quick ratio of 1.30, a current ratio of 1.80 and a debt-to-equity ratio of 184.88. The company has a 50-day moving average price of C$52.51 and a 200 day moving average price of C$49.08. The company has a market cap of C$15.17 billion, a PE ratio of 557.20, a price-to-earnings-growth ratio of 2.38 and a beta of 0.53.

Canadian Utilities (TSE:CU – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported C$0.51 earnings per share (EPS) for the quarter. Canadian Utilities had a return on equity of 1.88% and a net margin of 3.30%.The company had revenue of C$914.00 million for the quarter. Sell-side analysts expect that Canadian Utilities will post 2.4063556 earnings per share for the current fiscal year.

Key Headlines Impacting Canadian Utilities

Here are the key news stories impacting Canadian Utilities this week:

  • Positive Sentiment: Improved second-quarter performance: Canadian Utilities reported that second-quarter 2026 adjusted earnings and revenue increased year over year. The results, covering the quarter and first half ended June 30, provide a positive fundamental catalyst and support the recent strength in the shares. Canadian Utilities Q2 Adjusted Earnings, Revenue Rise
  • Positive Sentiment: Stock reached a 52-week high: Canadian Utilities was among the companies hitting new 52-week highs on news, indicating strong investor momentum following the earnings release and related market developments. ARC, BetterLife, Canadian Utilities Hit 52-Week Highs on News
  • Neutral Sentiment: Analysts raised targets but remain cautious: CIBC increased its target to C$55, TD to C$52, National Bank Financial to C$55, BMO Capital Markets to C$55 and RBC to C$58. Ratings remained Hold, Sector Perform or Market Perform, with only RBC’s target implying upside from recent levels. Analyst price-target changes
  • Negative Sentiment: Valuation may limit further gains: Four of the five revised targets remain below the recent share price, suggesting analysts believe the stock’s rally has outpaced near-term valuation support. The Hold and sector/market perform ratings also signal limited conviction for additional outperformance.

Canadian Utilities Company Profile

(Get Free Report)

Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company’s main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.

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