Canadian Utilities Limited (TSX CU) Added Feb 20, 2010
Alberta-based Canadian Utilities Limited, with more than 5,700 employees and assets of approximately $9.1 billion, delivers service excellence and innovative business solutions worldwide with leading companies engaged in Utilities (pipelines, natural gas and electricity transmission and distribution), Energy (power generation, natural gas gathering, processing, storage and liquid extraction), Structures & Logistics (manufacturing, logistics and noise abatement) and Technologies (business systems solutions).
Utilities
Group
The Utilities Group of companies is focused on the safe, reliable
transportation and delivery of natural gas, electricity and water. Located
mainly in Alberta and the Canadian North, they serve more than one million
customers in nearly 300 communities. The Utilities Group includes ATCO
Pipelines, ATCO Gas, CU Water, ATCO Electric and its subsidiaries Northland
Utilities and The Yukon Electrical Company. Albertans have also come to trust
the friendly, expert advice and services offered by the ATCO EnergySense program
and our famous ATCO Blue Flame Kitchen.
Energy Group
The Energy Group owns and operates independent hydroelectric, coal, and
environmentally progressive natural gas-fired power plants. It includes ATCO
Power, ATCO Midstream and ATCO Energy Solutions.
Structures & Logistics Group
The Structures & Logistics Group profiles the diversity of the
company. The Structures & Logistics Group includes ATCO Structures &
Logistics Ltd. ATCO Structures
& Logistics was formed July 1, 2009 when ATCO Ltd. and Canadian Utilities
Limited combined ATCO Structures, ATCO Noise Management and ATCO Frontec.
ATCO Structures & Logistics
offers complete infrastructure solutions to customers worldwide, including
workforce housing, innovative modular facilities, construction, site support
services, logistics support, operations management, catering and noise reduction
technologies. With manufacturing facilities in North America, South America,
Australia, and the Middle East and operations on six continents, the company has
the expertise to deliver a rapid full turnkey solution anywhere it is needed.
Canadian Utilities and its parent company, ATCO Ltd., have ownership
interests of 24.5% and 75.5% respectively in ATCO Structures & Logistics.
RECENT NEWS: Canadian Utilities Reports Third Quarter 2011 Earnings
Juan Plessis........... Canaccord/Genuity........Oct 31, 2011
Upgraded to BUY from HOLD
Target $66.00C
CU Price day before:$60.42 Finish day posting:$60.25Current:$60.25
------May 02, 2011-------
Downgraded to HOLD from BUY
CU Price day before:$59.37 Finish day posting:$58.00Current:$60.25
-----Nov 01, 2010-------
Maintained BUY
Target reduced to $60.00 from $64.00C (Target Hit Aug 31, 2011)
CU Price day before:$48.71 Finish day posting:$48.57Current:$60.25
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Linda Ezergailis ....... TD Newcrest.....Oct 31, 2011
Maintained BUY
Target raised to $69.00 from $67.00C
CU Price day before:$60.42 Finish day posting:$60.25Current:$60.25
-------Sept 19, 2011--------
Downgraded to BUY from ACTION LIST BUY
Target $67.00C
CU Price day before:$62.27 Finish day posting:$61.80Current:$60.25
-----Aug 02, 2011-------
Maintained ACTION LIST BUY
Target raised to $65.00 from $60.00C
CU Price day before:$56.38 Finish day posting:$55.99Current:$60.25
-----Nov 01, 2010----
Upgraded to ACTION LIST BUY from HOLD
Target raised to $60.00 from $51.00C (Target Hit Aug 31, 2011)
CU Price day before:$48.99 Finish day posting:$49.20Current:$60.25
--------Aug 03, 2010---
Maintained HOLD
Target raised to $51.00 from $49.00C (Target Hit Nov 23, 2010)
CU Price day before:$48.80 Finish day posting:$48.44Current:$60.25
------May 03, 2010------
Maintained HOLD
Target $49.00C (Target Hit July 29, 2010)
CU Price day before:$45.37 Finish day posting:$45.25Current:$60.25
-----Apr 21, 2010-----
Downgraded to HOLD from BUY
Target $49.00C (Target Hit July 29, 2010)
CU Price day before:$46.46 Finish day posting:$46.00Current:$60.25
------Feb 19, 2010-------
Maintained BUY
Target raised to $49.00 from $48.00C (Target Hit Mar 17, 2010)
CU Price day before:$42.67 Finish day posting:$43.69Current:$60.25
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Sam Kanes.......... Scotia Capital ......Sept 19, 2011
Maintained SECTOR PERFORM
Target $60.00C
CU Price day before:$59.44 Finish day posting:$59.61Current:$60.25
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Robert Kwan.......... RBC Capital Markets..........Aug 02, 2011
Maintained SECTOR PERFORM
Target raised to $59.00 from $56.00C (Target Hit Aug 31, 2011)
CU Price day before:$56.38 Finish day posting:$55.99Current:$60.25
------May 02, 2011-----
Maintained SECTOR PERFORM
Target raised to $56.00 from $53.00C (Target Hit)
CU Price day before:$53.63 Finish day posting:$54.59Current:$60.25
----Aug 03, 2010------
Downgraded to SECTOR PERFORM from OUTPERFORM
CU Price day before:$48.80 Finish day posting:$48.44Current:$60.25
--------Feb 19, 2010------
Target raised to $49.00 from $48.00C (Target Hit Mar 17, 2010)
CU Price day before:$42.67 Finish day posting:$43.69Current:$60.25
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Sam Kanes.......... Scotia Capital ......Feb 24, 2011
Maintained SECTOR PERFORM
Target raised to $60.00 from $58.00C (Target Hit Aug 31, 2011)
CU Price day before:$50.60 Finish day posting:$50.65Current:$60.25
-----Dec 06, 2010-------
Maintained SECTOR PERFORM
Target raised to $58.00 from $57.00C (Target Hit May 18, 2011)
CU Price day before:$51.36 Finish day posting:$51.80Current:$60.25
-----Nov 08, 2010------
Maintained SECTOR PERFORM
Target raised to $57.00 from $54.00C (Target Hit May 09, 2011)
CU Price day before:$49.40 Finish day posting:$49.61Current:$60.25
------Sept 07, 2010-------
Maintained SECTOR PERFORM
Target raised to $54.00 from $49.00C (Target Hit Dec 16, 2010)
CU Price day before:$48.25 Finish day posting:$48.41Current:$60.25
-------May 24, 2010------
Upgraded to SECTOR PERFORM from UNDERPERFORM
Target $49.00C (Target Hit July 29, 2010)
CU Price day before:$42.53 Finish day posting:$42.53Current:$60.25
-------May 04, 2010----
Maintained UNDERPERFORM
Target raised to $49.00 from $48.00C
CU Price day before:$45.25 Finish day posting:$44.64Current:$60.25
--------Apr 13, 2010-------
Downgraded to UNDERPERFORM from SECTOR PERFORM
Target $48.00C
CU Price day before:$48.27 Finish day posting:$47.46Current:$60.25
------Feb 03, 2010--------
Maintained SECTOR PERFORM
Target reduced to $48.00 from $49.00C (Target Hit Mar 15, 2010)
CU Price day before:$44.20 Finish day posting:$43.72Current:$60.25
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Michael McGowan........... BMO Capital Markets.......Jan 14, 2011
Maintained MARKET PERFORM
Target raised to $55.00 from $51.00C (Target Hit)
CU Price day before:$53.47 Finish day posting:$53.87Current:$60.25
------Sept 10, 2010------
Maintained MARKET PERFORM
Target raised to $51.00 from $48.00C (Target Hit Nov 23, 2010)
CU Price day before:$48.28 Finish day posting:$48.62Current:$60.25
-----Aug 03, 2010-------
Maintained MARKET PERFORM
Target raised to $48.00 from $47.50C
CU Price day before:$48.80 Finish day posting:$48.44Current:$60.25
------May 03, 2010------
Maintained MARKET PERFORM
Target raised to $47.50 from $45.00C (Target Hit)
CU Price day before:$45.37 Finish day posting:$45.25Current:$60.25
***********
Petro Panarites........... CIBC World Markets.........Oct 28, 2010
Target raised to $53.50 from $49.00C (Target Hit Dec 15, 2010)
CU Price day before:$48.99 Finish day posting:$49.20Current:$60.25
-------Feb 19, 2010------
Target raised to $49.00 from $48.00C (Target Hit Mar 17, 2010)
CU Price day before:$42.67 Finish day posting:$43.69Current:$60.25
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Bob Hastings........... Canaccord/Adams........Aug 03, 2010
Maintained BUY
Target $57.00C (Target Hit May 09, 2011)
CU Price day before:$48.80 Finish day posting:$48.44Current:$60.25
------May 03, 2010------
Maintained BUY
Target $57.00C (Target Hit May 09, 2011)
CU Price day before:$45.37 Finish day posting:$45.25Current:$60.25
-----Feb 19, 2010-----
Maintained BUY
(Target Hit May 09, 2011)
Target raised to $57.00 from $52.00C
CU Price day before:$42.67 Finish day posting:$43.69Current:$60.25
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