Algonquin Power & Utilities Corp (TSE:AQN) – Equities research analysts at National Bank Financial dropped their Q3 2017 earnings per share (EPS) estimates for Algonquin Power & Utilities Corp in a research note issued on Sunday. National Bank Financial analyst R. Merer now forecasts that the company will post earnings of $0.12 per share for the quarter, down from their previous estimate of $0.13. National Bank Financial also issued estimates for Algonquin Power & Utilities Corp’s Q4 2017 earnings at $0.14 EPS.

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A number of other brokerages have also recently issued reports on AQN. TD Securities increased their target price on Algonquin Power & Utilities Corp from C$15.00 to C$16.00 in a report on Tuesday, October 24th. Raymond James Financial, Inc. raised 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 report on Friday, August 11th. Scotiabank reaffirmed an “outperform” rating and set a C$15.50 price target on shares of Algonquin Power & Utilities Corp in a report on Monday. Desjardins raised their price target on Algonquin Power & Utilities Corp from C$15.25 to C$16.00 in a report on Monday. Finally, CIBC raised their price target on Algonquin Power & Utilities Corp from C$15.50 to C$16.00 in a report on Monday. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Algonquin Power & Utilities Corp presently has an average rating of “Buy” and an average price target of C$15.19.

Algonquin Power & Utilities Corp (AQN) opened at C$13.55 on Tuesday. Algonquin Power & Utilities Corp has a twelve month low of C$10.47 and a twelve month high of C$14.35.

About Algonquin Power & Utilities Corp

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.

Earnings History and Estimates for Algonquin Power & Utilities Corp (TSE:AQN)

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