CSFB Raises Hydro One (TSE:H) Price Target to C$36.00

Hydro One (TSE:HGet Rating) had its target price lifted by CSFB from C$34.00 to C$36.00 in a research note released on Monday, BayStreet.CA reports.

H has been the topic of a number of other research reports. TD Securities cut their price objective on shares of Hydro One from C$35.00 to C$26.00 and set a hold rating on the stock in a report on Monday, November 14th. BMO Capital Markets cut their price objective on shares of Hydro One from C$38.00 to C$37.00 in a report on Tuesday, September 20th. CIBC boosted their price objective on shares of Hydro One from C$35.00 to C$36.00 and gave the stock an outperform rating in a report on Monday, November 14th. Royal Bank of Canada boosted their price objective on shares of Hydro One from C$37.00 to C$38.00 and gave the stock a sector perform rating in a report on Monday, November 14th. Finally, National Bankshares upped their target price on shares of Hydro One from C$31.00 to C$32.00 in a research note on Monday, November 14th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of Hold and a consensus price target of C$34.11.

Hydro One Stock Up 0.0 %

Shares of Hydro One stock opened at C$36.27 on Monday. Hydro One has a twelve month low of C$30.52 and a twelve month high of C$36.73. The company has a current ratio of 0.38, a quick ratio of 0.30 and a debt-to-equity ratio of 128.25. The stock has a market cap of C$21.72 billion and a price-to-earnings ratio of 21.09. The company has a fifty day moving average price of C$33.72 and a 200 day moving average price of C$34.59.

Hydro One Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 30th. Investors of record on Wednesday, December 14th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Tuesday, December 13th. This represents a $1.12 annualized dividend and a yield of 3.09%. Hydro One’s dividend payout ratio (DPR) is 63.48%.

Hydro One Company Profile

(Get Rating)

Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. It operates through three segments: Transmission Business, Distribution Business, and Other. The company owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and 125,000 circuit kilometers of primary low-voltage distribution network.

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Analyst Recommendations for Hydro One (TSE:H)

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