This summary was created by AI, based on 3 opinions in the last 12 months.
Canadian Utilities Preferred 4.6% Perpetual (CIU.PR.A) has garnered positive reviews from various experts, who consistently highlight its strong dividend yield and potential for capital appreciation. The company, which operates in several regions including Canada and Australia, boasts a robust balance sheet, making it an attractive option for investors seeking stable income. The general sentiment suggests that with interest rates currently stable, preferred shares like CIU.PR.A are likely to provide significant upside value. Analysts recommend a stop-loss at $15 while setting a target price of $25, indicating substantial upside potential ranging from 30% to 40%. Overall, the stock is regarded as a top pick in the preferred shares category.
Canadian Utilities Preferred 4.6% Perpetual is a OTC stock, trading under the symbol CIU.PR.A-T on the (). It is usually referred to as or CIU.PR.A-T
In the last year, there was no coverage of Canadian Utilities Preferred 4.6% Perpetual published on Stockchase.
Canadian Utilities Preferred 4.6% Perpetual was recommended as a Top Pick by on . Read the latest stock experts ratings for Canadian Utilities Preferred 4.6% Perpetual.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered Canadian Utilities Preferred 4.6% Perpetual In the last year. It is a trending stock that is worth watching.
On , Canadian Utilities Preferred 4.6% Perpetual (CIU.PR.A-T) stock closed at a price of $.
Canadian preferred shares still hold great upside value opportunities and pay a great dividend. We reiterate this as a TOP PICK. Canadian Utilities has over $22 billion in assets and operates energy related projects in Canada, Mexico, Australia and Puerto Rico. We continue to recommend maintaining a stop at $15, looking to achieve $25 -- upside potential of 30%. Yield 6.0%