Raymond James Issues Pessimistic Forecast for Northland Power (TSE:NPI) Stock Price

Northland Power (TSE:NPI) had its price target decreased by research analysts at Raymond James from C$30.00 to C$29.00 in a report issued on Friday,BayStreet.CA reports. Raymond James’ price target suggests a potential upside of 45.95% from the stock’s previous close. Raymond James also issued estimates for Northland Power’s Q2 2025 earnings at $0.20 EPS and Q3 2025 earnings at $0.26 EPS.

A number of other equities analysts have also recently issued reports on the company. Scotiabank lowered their target price on Northland Power from C$28.00 to C$25.00 in a report on Thursday, January 30th. National Bankshares decreased their price target on Northland Power from C$34.00 to C$32.00 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. Cormark decreased their price target on Northland Power from C$25.00 to C$23.50 in a research note on Thursday, January 30th. Finally, CIBC decreased their price target on Northland Power from C$31.00 to C$29.00 in a research note on Wednesday, January 8th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Northland Power has an average rating of “Moderate Buy” and an average target price of C$27.21.

Northland Power Price Performance

Shares of NPI opened at C$19.87 on Friday. Northland Power has a 12-month low of C$16.14 and a 12-month high of C$24.88. The business has a 50-day simple moving average of C$17.88 and a two-hundred day simple moving average of C$20.08. The company has a quick ratio of 1.23, a current ratio of 1.17 and a debt-to-equity ratio of 181.28. The stock has a market cap of C$5.21 billion, a PE ratio of -36.40, a PEG ratio of 0.71 and a beta of 0.47.

About Northland Power

Northland Power Inc, an independent power producer, develops, builds, owns, and operates clean and green power projects in Canada, Netherlands, Germany, Spain, Colombia, and internationally. The company produces electricity from renewable resources, such as wind and solar, as well as natural gas for sale under power purchase agreements and other revenue arrangements.