Algonquin Power & Utilities Corp (AQN) Price Target Raised to C$15.00

Algonquin Power & Utilities Corp (TSE:AQN) had its price objective upped by Royal Bank Of Canada from C$14.00 to C$15.00 in a research note released on Monday. The firm currently has an outperform rating on the stock.

AQN has been the topic of a number of other research reports. BMO Capital Markets restated an outperform rating and issued a C$16.00 price target on shares of Algonquin Power & Utilities Corp in a research note on Monday. CIBC increased their price target on Algonquin Power & Utilities Corp from C$15.50 to C$16.00 in a research note on Monday. Raymond James Financial, Inc. increased their price target on Algonquin Power & Utilities Corp from C$15.00 to C$16.00 and gave the company a strong-buy rating in a research note on Friday, August 11th. Scotiabank reiterated an outperform rating and set a C$15.50 price objective on shares of Algonquin Power & Utilities Corp in a research report on Monday. Finally, Desjardins increased their price objective on Algonquin Power & Utilities Corp from C$15.25 to C$16.00 in a research report on Monday. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of C$15.28.

Shares of Algonquin Power & Utilities Corp (TSE:AQN) opened at C$14.05 on Monday. Algonquin Power & Utilities Corp has a 12 month low of C$10.57 and a 12 month high of C$14.35.

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Algonquin Power & Utilities Corp Company Profile

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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