Algonquin Power & Utilities Corp (AQN) Earns Outperform Rating from Scotiabank

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.

TRADEMARK VIOLATION NOTICE: This news story was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this news story on another site, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright legislation. The legal version of this news story can be accessed at https://sportsperspectives.com/2017/11/17/algonquin-power-utilities-corp-aqn-earns-outperform-rating-from-scotiabank.html.

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)

Receive News & Ratings for Algonquin Power & Utilities Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Algonquin Power & Utilities Corp and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply