Algonquin Power & Utilities Corp (TSE:AQN)‘s stock had its “outperform” rating reiterated by stock analysts at Royal Bank Of Canada in a report released on Wednesday, StockTargetPrices.com reports. They presently have a C$14.00 target price on the stock. Royal Bank Of Canada’s price target points to a potential upside of 27.04% from the stock’s previous close.

AQN has been the subject of a number of other reports. Scotiabank reaffirmed an “outperform” rating and issued a C$14.00 target price on shares of Algonquin Power & Utilities Corp in a research note on Thursday, October 20th. Raymond James Financial Inc. reaffirmed an “outperform” rating and issued a C$14.50 target price on shares of Algonquin Power & Utilities Corp in a research note on Thursday, September 22nd. Desjardins upped their target price on shares of Algonquin Power & Utilities Corp from C$14.25 to C$15.25 and gave the stock a “buy” rating in a research note on Friday, September 9th. TD Securities set a C$13.50 price objective on shares of Algonquin Power & Utilities Corp and gave the stock a “buy” rating in a research note on Monday, November 14th. Finally, RBC Capital Markets increased their price objective on shares of Algonquin Power & Utilities Corp from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a research note on Monday, August 15th. Seven equities research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and a consensus target price of C$13.92.

Analyst Recommendations for Algonquin Power & Utilities Corp (TSE:AQN)

Algonquin Power & Utilities Corp (TSE:AQN) traded up 0.82% during midday trading on Wednesday, reaching $11.11. The company had a trading volume of 999,939 shares. Algonquin Power & Utilities Corp has a one year low of $10.09 and a one year high of $12.45. The stock’s 50 day moving average price is $11.27 and its 200-day moving average price is $11.74. The firm has a market capitalization of $3.04 billion and a P/E ratio of 38.98.

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About Algonquin Power & Utilities Corp

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.

Stock Target Prices

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