Royal Bank Of Canada reaffirmed their outperform rating on shares of Algonquin Power & Utilities Corp (TSE:AQN) in a report published on Wednesday morning, StockTargetPrices.com reports. They currently have a C$14.00 price objective on the stock.

Several other research firms have also recently weighed in on AQN. Scotiabank set a C$14.00 price objective on shares of Algonquin Power & Utilities Corp and gave the stock an outperform rating in a research report on Monday, November 14th. 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 report on Monday, November 14th. Raymond James Financial Inc. reiterated an outperform rating and set a C$14.50 price objective on shares of Algonquin Power & Utilities Corp in a research report on Thursday, September 22nd. Desjardins lifted their price objective 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 report on Friday, September 9th. Finally, RBC Capital Markets lifted 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 report on Monday, August 15th. Seven research analysts have rated the stock with a buy rating, Algonquin Power & Utilities Corp currently has a consensus rating of Buy and an average price target of C$13.92.

Algonquin Power & Utilities Corp (TSE:AQN) opened at 11.13 on Wednesday. The stock has a market capitalization of $3.04 billion and a PE ratio of 39.05. The firm has a 50-day moving average price of $11.27 and a 200-day moving average price of $11.74. Algonquin Power & Utilities Corp has a 52 week low of $10.09 and a 52 week high of $12.45.

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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.

Stock Target Prices

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