Zacks Rating on Atlantic Power Corporation (AT)

Atlantic Power Corporation (AT) : Zacks Investment Research ranks Atlantic Power Corporation (AT) as 3, which is a Hold recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. The average broker rating of 1 research analysts is 5, which indicates as a Strong Sell.


Atlantic Power Corporation is up 7.66% in the last 3-month period. Year-to-Date the stock performance stands at 28.43%. Atlantic Power Corporation (NYSE:AT): stock turned positive on Tuesday. Though the stock opened at $2.53, the bulls momentum made the stock top out at $2.56 level for the day. The stock recorded a low of $2.53 and closed the trading day at $2.53, in the green by 0.40%. The total traded volume for the day was 265,028. The stock had closed at $2.52 in the previous days trading.

Atlantic Power Corporation (Atlantic Power) owns and operates a fleet of power generation assets in the United States and Canada. The Companys power generation projects sell electricity to utilities and other commercial customers primarily under long-term power purchase agreements (PPAs). Atlantic Power operates through four segments: East, West, Wind and Un-allocated Corporate. The East segment includes the Companys projects in the eastern United States. The West Segment includes its power generation operations in the western United States. The Wind segment involved Atlantic Powers wind power generation operations. The Un-allocated Corporate segment includes activities that support the Companys executive and administrative offices, capital structure, costs of being a public registrant, costs to develop projects and intercompany eliminations. Atlantic Powers power generation projects have an aggregate gross electric generation capacity of approximately 2,945 megawatts.

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