Scotia Capital announced Hydro One Ltd (TSE:H), upping its target price to $25.50 today
- Updated: September 23, 2016
Hydro One Ltd (TSE:H) had its target bumped up to $25.50 by Scotia Capital in a report released 09/23/2016. The new stock price target implies a possible downside of -0.03% from the company's previous stock price.
On 8/17/2016, Scotia Capital released a statement about Hydro One Ltd (TSE:H) upped the target price from $0.00 to $25.50 that suggested an upside of 0.00%.
Having a price of $26.34, Hydro One Ltd (TSE:H) traded 0.27% higher on the day. With the last stock price up 6.11% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. H has recorded a 50-day average of $25.91 and a two hundred day average of $24.81. Trade Volume was down over the average, with 161,861 shares of H changing hands under the typical 407,681
Recent Performance Chart
Hydro One Ltd has PE ratio of 21.15 with a one year low of $21.53 and a one year high of $26.80 and has a market capitalization of $0.
A total of 12 brokerages have issued a ratings update on Hydro One Ltd. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $19.81.
General Company Details For Hydro One Ltd (TSE:H)
Hydro One Limited is an electricity transmission and distribution utility. The Company transmits and distributes electricity across the Province of Ontario. It operates through three segments: Transmission Business, Distribution Business and Other Business. Its Transmission Business comprises the business of transmitting high voltage electricity across the province, interconnecting over 70 local distribution companies and certain directly connected industrial customers throughout the Ontario electricity grid. Its Distribution Business comprises the business of delivering electricity to end customers and certain other municipal electricity distributors. Its Other Business consists of the telecommunications business and certain corporate activities. The telecommunications business provides telecommunications support for its Transmission and Distribution Businesses, and also offers communications and information technology solutions to organizations with broadband network requirements.
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