In a report released today, Brent Stadler from Desjardins maintained a Hold rating on Algonquin Power & Utilities (AQN – Research Report), with a price target of C$5.50. The company’s shares closed today at $6.11.
According to TipRanks, Stadler is ranked #7883 out of 8751 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Algonquin Power & Utilities with a $6.61 average price target, implying an 8.27% upside from current levels. In a report released on April 25, RBC Capital also maintained a Hold rating on the stock with a $7.00 price target.
AQN market cap is currently $4.22B and has a P/E ratio of 208.16.
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Algonquin Power & Utilities (AQN) Company Description:
Algonquin Power & Utilities Corp. is a diversified utility company, which through its subsidiaries, engages in the ownership and operation of a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. It focuses on delivering reliable earnings, cash flow, and dividend growth through strategic acquisitions and operational excellence. The company was founded on August 1, 1988 and is headquartered in Oakville, Canada.
