Algonquin Power & Utilities Corp (AQN) PT Raised to C$16.00 at Desjardins

Algonquin Power & Utilities Corp (TSE:AQN) had its price target lifted by research analysts at Desjardins from C$15.25 to C$16.00 in a report released on Monday. Desjardins’ target price would suggest a potential upside of 18.08% from the company’s previous close.

Other analysts have also recently issued reports about the stock. BMO Capital Markets restated an “outperform” rating and set a C$16.00 target price on shares of Algonquin Power & Utilities Corp in a research report on Monday. TD Securities upped their target price on shares of Algonquin Power & Utilities Corp from C$15.00 to C$16.00 in a research report on Tuesday, October 24th. Finally, Raymond James Financial, Inc. upped their target price on shares of Algonquin Power & Utilities Corp from C$15.00 to C$16.00 and gave the company a “strong-buy” rating in a research report on Friday, August 11th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. Algonquin Power & Utilities Corp currently has an average rating of “Buy” and a consensus price target of C$15.19.

Shares of Algonquin Power & Utilities Corp (TSE:AQN) opened at C$13.55 on Monday. Algonquin Power & Utilities Corp has a one year low of C$10.57 and a one year high of C$14.35.

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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.

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

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