Algonquin Power & Utilities Corp (TSE:AQN) had its price objective lifted by CIBC from C$15.50 to C$16.00 in a research note issued to investors on Monday.

A number of other equities analysts have also issued reports on AQN. Raymond James Financial, Inc. boosted their target price on shares of 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. TD Securities boosted their target price on shares of Algonquin Power & Utilities Corp from C$15.00 to C$16.00 in a research report on Tuesday, October 24th. BMO Capital Markets reaffirmed an outperform rating and set a C$16.00 target price on shares of Algonquin Power & Utilities Corp in a research report on Monday. Finally, Desjardins boosted their target price on shares of Algonquin Power & Utilities Corp from C$15.25 to C$16.00 in a research report on Monday. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of C$15.28.

Algonquin Power & Utilities Corp (TSE AQN) opened at C$14.05 on Monday. Algonquin Power & Utilities Corp has a 52-week low of C$10.57 and a 52-week high of C$14.35.

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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.

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

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