Shares of Hydro One Ltd (TSE:H) have received a consensus recommendation of “Hold” from the thirteen ratings firms that are currently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is C$27.92.

Several brokerages have recently issued reports on H. TD Securities upgraded shares of Hydro One from a “hold” rating to a “buy” rating in a research report on Tuesday, March 31st. Scotiabank raised their price target on shares of Hydro One from C$28.00 to C$29.00 in a research note on Friday, March 6th. CSFB downgraded shares of Hydro One from an “outperform” rating to a “neutral” rating and raised their price target for the stock from C$27.00 to C$28.00 in a research note on Monday, January 20th. BMO Capital Markets raised shares of Hydro One from a “market perform” rating to an “outperform” rating and decreased their price target for the stock from C$29.00 to C$27.00 in a research note on Monday, March 30th. Finally, Wells Fargo & Co raised their price target on shares of Hydro One from C$29.00 to C$32.00 in a research note on Thursday, February 13th.

Shares of TSE H opened at C$25.27 on Wednesday. The company’s 50-day simple moving average is C$25.52 and its 200-day simple moving average is C$25.76. Hydro One has a 52-week low of C$20.25 and a 52-week high of C$29.53. The firm has a market cap of $15.09 billion and a price-to-earnings ratio of 19.44. The company has a quick ratio of 0.37, a current ratio of 0.41 and a debt-to-equity ratio of 128.65.

Hydro One (TSE:H) last announced its earnings results on Wednesday, February 12th. The company reported C$0.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.33 by C$0.02. The company had revenue of C$1.72 billion during the quarter. Equities research analysts anticipate that Hydro One will post 1.4699999 EPS for the current fiscal year.

Hydro One Company Profile

Hydro One Limited, through its subsidiaries, operates as an electrical transmission and distribution company in Ontario. It operates through three segments: Transmission, Distribution, and Other Business. The company owns and operates approximately 123,000 circuit kilometers of low-voltage distribution network.

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Analyst Recommendations for Hydro One (TSE:H)

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