Algonquin Power & Utilities (TSE:AQN) had its price target lifted by stock analysts at National Bank Financial from C$16.00 to C$16.50 in a research note issued to investors on Wednesday. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price target suggests a potential upside of 16.44% from the company’s previous close.

Several other analysts also recently weighed in on AQN. Raymond James Financial boosted their price target on shares of Algonquin Power & Utilities from C$15.00 to C$16.00 and gave the stock a “strong-buy” rating in a research note on Friday, August 11th. TD Securities upped their price objective on shares of Algonquin Power & Utilities from C$15.00 to C$16.00 in a research note on Tuesday, October 24th. BMO Capital Markets reaffirmed an “outperform” rating and set a C$16.00 price objective on shares of Algonquin Power & Utilities in a research note on Monday, November 13th. Desjardins upped their price objective on shares of Algonquin Power & Utilities from C$15.25 to C$16.00 in a research note on Monday, November 13th. Finally, CIBC boosted their price target on shares of Algonquin Power & Utilities from C$15.50 to C$16.00 in a research report on Monday, November 13th. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Algonquin Power & Utilities presently has an average rating of “Buy” and an average target price of C$15.33.

Algonquin Power & Utilities (TSE AQN) traded up C$0.26 during trading on Wednesday, reaching C$14.17. 348,358 shares of the company’s stock traded hands, compared to its average volume of 1,039,397. Algonquin Power & Utilities has a 1-year low of C$10.88 and a 1-year high of C$14.40.

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Algonquin Power & Utilities 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.

Analyst Recommendations for Algonquin Power & Utilities (TSE:AQN)

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