TSX:CUIntegrated Utilities
A Look at Canadian Utilities (TSX:CU) Valuation Following Major Preferred Shares Offering for Infrastructure Growth
Canadian Utilities (TSX:CU) just wrapped up a major preferred shares offering and raised $201 million. The proceeds are set to boost its financial strength, supporting capital expenditures and ongoing infrastructure projects.
See our latest analysis for Canadian Utilities.
Momentum has clearly picked up for Canadian Utilities, with a 21.4% share price return since the start of the year and a one-year total shareholder return of 23.2% supporting improving sentiment. Investors seem to be...