Algonquin Power & Utilities Corp (AQN) Rating Reiterated by BMO Capital Markets

Algonquin Power & Utilities Corp (TSE:AQN)‘s stock had its “outperform” rating reiterated by research analysts at BMO Capital Markets in a report released on Monday. They presently have a C$16.00 price objective on the stock. BMO Capital Markets’ price target indicates a potential upside of 18.08% from the company’s current price.

Several other analysts have also recently issued reports on the company. TD Securities raised their target price on Algonquin Power & Utilities Corp from C$15.00 to C$16.00 in a research note on Tuesday, October 24th. Raymond James Financial, Inc. raised 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 note 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 assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of C$15.19.

Algonquin Power & Utilities Corp (TSE:AQN) opened at C$13.55 on Monday. Algonquin Power & Utilities Corp has a 12 month low of C$10.57 and a 12 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.

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

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