Scotiabank reiterated their outperform rating on shares of Algonquin Power & Utilities Corp (TSE:AQN) in a research report sent to investors on Monday. They currently have a C$15.50 price objective on the stock.

AQN has been the subject of several other reports. TD Securities lifted their price target on shares of Algonquin Power & Utilities Corp from C$15.00 to C$16.00 in a report on Tuesday, October 24th. Raymond James Financial, Inc. boosted their target price on shares of Algonquin Power & Utilities Corp from C$15.00 to C$16.00 and gave the stock a strong-buy rating in a research note on Friday, August 11th. CIBC boosted their target price on shares of Algonquin Power & Utilities Corp from C$15.50 to C$16.00 in a research note on Monday. Desjardins boosted their target price on shares of Algonquin Power & Utilities Corp from C$15.25 to C$16.00 in a research note on Monday. Finally, BMO Capital Markets reiterated an outperform rating and set a C$16.00 price target on shares of Algonquin Power & Utilities Corp in a research report on Monday. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of C$15.19.

Shares of Algonquin Power & Utilities Corp (TSE:AQN) traded up C$0.23 during trading on Monday, hitting C$13.55. 1,062,958 shares of the stock traded hands, compared to its average volume of 1,040,215. Algonquin Power & Utilities Corp has a 1-year low of C$10.47 and a 1-year high of C$14.35.

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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.

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

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