Algonquin Power & Utilities Corp (TSE:AQN)‘s stock had its “outperform” rating reiterated by stock analysts at Raymond James Financial Inc. in a research report issued to clients and investors on Thursday. They currently have a C$14.50 price objective on the stock. Raymond James Financial Inc.’s target price points to a potential upside of 21.75% from the company’s previous close.

AQN has been the topic of several other research reports. Desjardins upped their price target on Algonquin Power & Utilities Corp from C$14.25 to C$15.25 and gave the stock a “buy” rating in a report on Friday, September 9th. Royal Bank Of Canada restated an “outperform” rating and set a C$13.00 price target on shares of Algonquin Power & Utilities Corp in a report on Wednesday, May 25th. RBC Capital Markets upped their price target on Algonquin Power & Utilities Corp from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a report on Monday, August 15th. TD Securities upped their price target on Algonquin Power & Utilities Corp from C$13.00 to C$13.50 and gave the stock a “buy” rating in a report on Monday, August 15th. Finally, National Bank Financial upped their price target on Algonquin Power & Utilities Corp from C$13.00 to C$14.00 in a report on Wednesday, July 13th. Nine equities research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus price target of C$13.92.

Shares of Algonquin Power & Utilities Corp (TSE:AQN) traded up 0.76% on Thursday, reaching $12.00. The company’s stock had a trading volume of 682,448 shares. Algonquin Power & Utilities Corp has a 1-year low of $9.09 and a 1-year high of $12.45. The company has a market capitalization of $3.27 billion and a price-to-earnings ratio of 42.55. The stock has a 50-day moving average price of $12.01 and a 200-day moving average price of $11.56.

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Algonquin Power & Utilities Corp Company Profile

Algonquin Power & Utilities Corp. (APUC) is a Canada-based company engaged in owning and operating a portfolio of regulated and non-regulated generation, distribution and transmission utility assets. APUC’s operations are organized across three business units consisting of Generation, Transmission and Distribution.

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