Algonquin Power & Utilities Corp (TSE:AQN) had its price target raised by equities research analysts at Royal Bank Of Canada from C$14.00 to C$15.00 in a research report issued to clients and investors on Monday. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 10.70% from the stock’s previous close.

Several other analysts have also commented on the stock. TD Securities raised their price objective on shares of Algonquin Power & Utilities Corp from C$15.00 to C$16.00 in a report on Tuesday, October 24th. CIBC raised their price objective on shares of Algonquin Power & Utilities Corp from C$15.50 to C$16.00 in a report on Monday. Desjardins raised their price objective on shares of Algonquin Power & Utilities Corp from C$15.25 to C$16.00 in a report on Monday. Scotiabank restated an “outperform” rating and issued a C$15.50 price objective on shares of Algonquin Power & Utilities Corp in a report on Monday. Finally, BMO Capital Markets restated an “outperform” rating and issued a C$16.00 price objective on shares of Algonquin Power & Utilities Corp in a report on Monday. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Algonquin Power & Utilities Corp currently has an average rating of “Buy” and an average price target of C$15.19.

Shares of Algonquin Power & Utilities Corp (AQN) opened at C$13.55 on Monday. Algonquin Power & Utilities Corp has a 12 month low of C$10.57 and a 12 month high of C$14.35.

ILLEGAL ACTIVITY NOTICE: “Algonquin Power & Utilities Corp (AQN) PT Raised to C$15.00” was originally reported by Watch List News and is the property of of Watch List News. If you are viewing this article on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://www.watchlistnews.com/algonquin-power-utilities-corp-aqn-pt-raised-to-c15-00/1703520.html.

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)

Receive News & Ratings for Algonquin Power & Utilities Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Algonquin Power & Utilities Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.