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The latest announcement is out from Northland Power ( (TSE:NPI) ).
Northland Power has announced the retirement of John Brace from its Board of Directors and the appointment of Sébastien Clerc as a new board member. Clerc brings over 25 years of global leadership experience in the energy and infrastructure sectors, having previously led Voltalia to significant growth. His expertise is expected to enhance Northland’s strategic positioning in complex energy markets and contribute to value creation for investors.
The most recent analyst rating on (TSE:NPI) stock is a Hold with a C$23.50 price target. To see the full list of analyst forecasts on Northland Power stock, see the TSE:NPI Stock Forecast page.
Spark’s Take on TSE:NPI Stock
According to Spark, TipRanks’ AI Analyst, TSE:NPI is a Neutral.
Northland Power’s overall score is driven by strong cash flow generation and successful project completions, but is tempered by declining revenue, profitability challenges, and a high debt-to-equity ratio. The negative P/E ratio and revised financial guidance further weigh on the score, despite a solid dividend yield.
To see Spark’s full report on TSE:NPI stock, click here.
More about Northland Power
Northland Power is a Canada-based global power producer founded in 1987, focusing on accelerating the global energy transition. The company develops, owns, and operates a diversified mix of energy infrastructure assets, including offshore and onshore wind, solar, battery energy storage, and natural gas. Northland also supplies energy through a regulated utility and is publicly traded on the Toronto Stock Exchange.
Average Trading Volume: 740,911
Technical Sentiment Signal: Buy
Current Market Cap: C$5.85B
Learn more about NPI stock on TipRanks’ Stock Analysis page.