Shares of Algonquin Power & Utilities Corp (TSE:AQN) have earned an average recommendation of “Buy” from the nine research firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$15.56.
Several equities analysts have weighed in on AQN shares. BMO Capital Markets dropped their target price on Algonquin Power & Utilities from C$16.00 to C$15.50 in a research report on Tuesday, February 6th. TD Securities dropped their target price on Algonquin Power & Utilities from C$16.00 to C$15.50 and set a “buy” rating for the company in a research report on Monday, March 5th. Finally, National Bank Financial dropped their target price on Algonquin Power & Utilities from C$15.50 to C$15.00 and set an “outperform” rating for the company in a research report on Monday, March 5th.
Shares of Algonquin Power & Utilities (AQN) opened at C$12.89 on Wednesday. The stock has a market capitalization of $4,990.00, a PE ratio of 24.79 and a beta of 0.32. Algonquin Power & Utilities has a 52-week low of C$12.33 and a 52-week high of C$14.40.
About Algonquin Power & Utilities
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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