Algonquin Power & Utilities Corp (TSE:AQN) has been assigned an average rating of “Buy” from the nine analysts that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$15.56.
Several equities research analysts recently weighed in on the company. National Bank Financial decreased 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 note on Monday, March 5th. TD Securities decreased 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 note on Monday, March 5th. Finally, BMO Capital Markets restated an “outperform” rating and set a C$16.00 target price on shares of Algonquin Power & Utilities in a research note on Wednesday, December 6th.
Shares of Algonquin Power & Utilities (TSE:AQN) opened at C$12.89 on Wednesday. The firm has a market capitalization of $4,990.00, a P/E 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.
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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.
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