Northland Power Inc
NPI: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 11.00 | Smxf | Dmlyzpph |
Northland Power: Pruning Development Portfolio With Sale of Nordseecluster
We maintain our CAD 35 fair value estimate for no-moat Northland Power following the sale of its stake in an offshore wind development portfolio. We view shares as undervalued following weakness year to date.