Canadian Utilities Preferred 4.6% Perpetual (CIU.PR.A-T)
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Buy, Sell or Hold?
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 been reasserted as a top pick by multiple stock research experts, indicating its robust performance prospects in a stable market environment. The company's strong fundamentals, with over $22 billion in assets and operations across various regions, make it an attractive investment choice, particularly in uncertain economic times. Analysts highlight the potential for significant capital appreciation, with price targets ranging from $25 to $25, representing attractive upside potential of up to 40%. Additionally, the high dividend yields, reported between 5.7% and 6.5%, further solidify its appeal to income-oriented investors. As the interest rate landscape stabilizes, experts emphasize the value of holding such preferred shares for yield and capital growth.
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%
With central banks choosing to no longer increase interest rates, preferred shares are good value. We again reiterate CIU.PR.A as a TOP PICK. The parent, CU, is a diversified utility provider with a strong balance sheet. We recommend maintaining the stop at $15, looking to achieve $25 -- upside potential of 40%. Yield 6.5%
As the Canadian Central Bank suggests no further interest rates are likely necessary to curtail inflation, we reiterate preferred shares as a TOP PICK. The parent, CU, is a diversified utility provider with a strong balance sheet. We continue to recommend a stop-loss at $14, looking to achieve $25 -- upside potential over 40%. Yield 6.7%
(Analysts’ price target is $25.00)We reiterate CIU.PR.A as a TOP PICK. The parent company, CU, is a diversified utility provider that trades at 15x earnings and under 2x book value. These perpetual preferred shares -- with a high credit rating (Pfd-2) -- have declined below their $25 par value, due to rising interest rates. As interest rates stall and eventually decline, they will see a some good capital gains. This affords upside opportunity over 30 along with a great yield. We recommend maintaining the stop at $14. Yield 6.6%
The parent company, CU, is a diversified utility provider that trades at 15x earnings and under 2x book value. The company has been prudently using cash to aggressively retire debt. The preferred shares -- with a high credit rating (Pfd-2) -- have declined below their $25 par value, due to rising interest rates. This affords upside opportunity of 38%. We recommend placing a stop-loss at $14. Yield 6.6%
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Canadian Utilities Preferred 4.6% Perpetual(CIU.PR.A-T) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Canadian Utilities Preferred 4.6% Perpetual(CIU.PR.A-T) Frequently Asked Questions
What is Canadian Utilities Preferred 4.6% Perpetual stock symbol?
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
Is Canadian Utilities Preferred 4.6% Perpetual a buy or a sell?
In the last year, there was no coverage of Canadian Utilities Preferred 4.6% Perpetual published on Stockchase.
Is Canadian Utilities Preferred 4.6% Perpetual a good investment or a top pick?
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.
Why is Canadian Utilities Preferred 4.6% Perpetual stock dropping?
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.
Is Canadian Utilities Preferred 4.6% Perpetual worth watching?
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.
What is Canadian Utilities Preferred 4.6% Perpetual stock price?
On , Canadian Utilities Preferred 4.6% Perpetual (CIU.PR.A-T) stock closed at a price of $.
In times of uncertainty, holding high-quality dividend paying preferred shares is a good strategy. We reiterate CIU as a TOP PICK as it is a well diversified utility in a safe market space. We recommend trailing up the stop (from $15) to $18, looking to achieve $25 — upside potential of 25%. Yield 5.7%