A report released today by Scotia Capital about Algonquin Power And Utilities Corp. (TSE:AQN) ups the target price to $14.00
- Updated: November 30, 2016
In a statement issued on 11/30/2016 Scotia Capital upped the price target of Algonquin Power And Utilities Corp. (TSE:AQN) to $14.00 indicating a possible upside of 0.26%.
Previously on 03/02/2016, TD Securities reported on Algonquin Power And Utilities Corp. (TSE:AQN) raised the target price from $12.00 to $12.50. At the time, this indicated a possible upside of 0.15%.
Only yesterday Algonquin Power And Utilities Corp. (TSE:AQN) traded -0.05% lower at $11.07. Algonquin Power And Utilities Corp.’s 50-day average is $11.27 and its 200-day moving average is $11.74. The last stock close price is down -6.17% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time. 612,374 shares of AQN traded, down from an avg. trading volume of 1,070,440
With a total market value of $0, Algonquin Power And Utilities Corp. has price-earnings ratio of 38.65 with a 52 week low of $10.09 and a 52 week high of $12.45 .
Also covering Algonquin Power And Utilities Corp.'s price target, a total of 10 equity analysts have released a ratings update on AQN. The one year target is $10.50 with two analysts rating the company a strong buy, eight firms rating the stock a buy, 0 firms rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Algonquin Power And Utilities Corp. (TSE:AQN)
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. The Generation Business Group (Generation Group) owns and operates a portfolio of non-regulated renewable and thermal electric generation utility assets; the Transmission Business Group (Transmission Group) is responsible for evaluating and capitalizing upon natural gas pipeline and electric transmission asset opportunities in North America, and the Distribution Business Group (Distribution Group) owns and operates a portfolio of North American electric, natural gas, and water distribution and wastewater collection utility systems. The Generation Group has interests in hydroelectric, wind, solar and thermal facilities.
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