Algonquin Power And Utilities Corp. (TSE:AQN) stock price target raised to $14.00, issued a report today by RBC Capital Markets
- Updated: November 30, 2016
Reporting a potential upside of 0.27%, RBC Capital Markets bumped up the target of Algonquin Power And Utilities Corp. (TSE:AQN) to $14.00
Previously on 3/02/2016, TD Securities reported about Algonquin Power And Utilities Corp. (TSE:AQN) upped 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 $11.01. Algonquin Power And Utilities Corp.’s 50-day average is $11.27 and its two hundred day average is $11.74. With the last stock price close down -6.17% relative to the two hundred day average, compared to the S&P 500 which has decreased -0.03% over the same time period. 612,374 shares of the stock were exchanged, down from an average trading volume of 1,070,440
Algonquin Power And Utilities Corp. has 52 week low of $10.09 and a 52 week high of $12.45 with a price-earnings ratio of 38.65 and has a total market value of $0.
A total of 10 brokerages have issued a ratings update on Algonquin Power And Utilities Corp.. 2 brokers rating the stock a strong buy, 8 brokers rating the company a buy, zero analysts rating the company a hold, zero firms rating the stock a underperform, and finally 0 firms rating the company a sell with a one year target of $10.50.
Brief Synopsis 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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