Pattern Energy Group’s (PEG) Outperform Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada reiterated their outperform rating on shares of Pattern Energy Group Inc (TSE:PEG) in a research note issued to investors on Friday, reports.

Pattern Energy Group (TSE:PEG) opened at 30.03 on Friday. Pattern Energy Group has a 52 week low of $20.50 and a 52 week high of $33.00. The company has a 50 day moving average price of $30.89 and a 200-day moving average price of $28.53. The firm’s market capitalization is $2.29 billion.

About Pattern Energy Group

Pattern Energy Group Inc (Pattern Energy) is an independent power company focused on owning and operating power projects. The Company holds interests in over 16 wind power projects located in the United States, Canada and Chile with total capacity of over 2,280 megawatts (MW). Each of its projects has contracted to sell its output pursuant to a power sale agreement.

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