Algonquin Power & Utilities Corp (TSE:AQN) has earned an average recommendation of “Buy” from the ten brokerages that are covering the firm. Seven analysts have rated the stock with a buy rating. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$13.92.

A number of research analysts have commented on the stock. RBC Capital Markets raised their price target on shares of Algonquin Power & Utilities Corp from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a research note on Monday, August 15th. National Bank Financial raised their price target on shares of Algonquin Power & Utilities Corp from C$13.00 to C$14.00 in a research note on Wednesday, July 13th. Scotiabank raised their price target on shares of Algonquin Power & Utilities Corp from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a research note on Monday, August 15th. TD Securities raised their price target on shares of Algonquin Power & Utilities Corp from C$13.00 to C$13.50 and gave the stock a “buy” rating in a research note on Monday, August 15th. Finally, Royal Bank Of Canada raised their price target on shares of Algonquin Power & Utilities Corp from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a research note on Monday, August 15th.

Algonquin Power & Utilities Corp (TSE:AQN) opened at 11.50 on Thursday. The company has a market capitalization of $3.14 billion and a price-to-earnings ratio of 40.78. The firm’s 50-day moving average price is $11.79 and its 200-day moving average price is $11.65. Algonquin Power & Utilities Corp has a 52 week low of $9.40 and a 52 week high of $12.45.

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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