Algonquin Power & Utilities Corp (TSE:AQN) had its price target lifted by analysts at CIBC from C$15.50 to C$16.00 in a research note issued to investors on Monday. CIBC’s price target indicates a potential upside of 18.08% from the company’s current price.

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

Shares of Algonquin Power & Utilities Corp (TSE AQN) opened at C$13.55 on Monday. Algonquin Power & Utilities Corp has a 52-week low of C$10.57 and a 52-week 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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