Canaccord Genuity upgraded shares of Alterra Power Corp (TSE:AXY) from a speculative buy rating to a buy rating in a report published on Tuesday morning.

Separately, Royal Bank Of Canada raised their price objective on Alterra Power Corp from C$6.00 to C$8.25 and gave the company a sector perform rating in a research report on Tuesday.

Alterra Power Corp (AXY) opened at 7.84 on Tuesday. The firm has a 50-day moving average price of $5.32 and a 200 day moving average price of $5.39. The company’s market capitalization is $457.13 million. Alterra Power Corp has a 12 month low of $4.20 and a 12 month high of $7.94.

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About Alterra Power Corp

Alterra Power Corp. is a leading global renewable energy company.

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