Scotiabank reaffirmed their outperform rating on shares of Algonquin Power & Utilities Corp (TSE:AQN) in a research report released on Monday morning. They currently have a C$15.50 target price on the stock.
Several other brokerages have also recently weighed in on AQN. TD Securities boosted their price objective on Algonquin Power & Utilities Corp from C$15.00 to C$16.00 in a report on Tuesday, October 24th. Raymond James Financial, Inc. upped their price target on Algonquin Power & Utilities Corp from C$15.00 to C$16.00 and gave the company a strong-buy rating in a research note on Friday, August 11th. Desjardins upped their price target on Algonquin Power & Utilities Corp from C$15.25 to C$16.00 in a research note on Monday. CIBC upped their price target on Algonquin Power & Utilities Corp from C$15.50 to C$16.00 in a research note on Monday. Finally, BMO Capital Markets reaffirmed an outperform rating and issued a C$16.00 price target on shares of Algonquin Power & Utilities Corp in a research note on Monday. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of Buy and a consensus price target of C$15.28.
Shares of Algonquin Power & Utilities Corp (TSE AQN) opened at C$14.05 on Monday. Algonquin Power & Utilities Corp has a twelve month low of C$10.57 and a twelve month 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.
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