Algonquin Power & Utilities Corp (AQN) Price Target Increased to C$16.00 by Analysts at Desjardins

Algonquin Power & Utilities Corp (TSE:AQN) had its price target upped by Desjardins from C$15.25 to C$16.00 in a report issued on Monday.

A number of other analysts have also recently commented on AQN. TD Securities lifted their target price on Algonquin Power & Utilities Corp from C$15.00 to C$16.00 in a research report on Tuesday, October 24th. Raymond James Financial, Inc. lifted their target price on Algonquin Power & Utilities Corp from C$15.00 to C$16.00 and gave the stock a strong-buy rating in a research report on Friday, August 11th. Finally, BMO Capital Markets reiterated an outperform rating and set a C$16.00 target price on shares of Algonquin Power & Utilities Corp in a research report on Monday. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of C$15.19.

Algonquin Power & Utilities Corp (TSE AQN) traded up C$0.23 during trading on Monday, reaching C$13.55. The company’s stock had a trading volume of 1,062,958 shares, compared to its average volume of 1,040,215. Algonquin Power & Utilities Corp has a one year low of C$10.47 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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