Hydro One (TSE:H) PT Set at C$61.00 by Desjardins

Hydro One (TSE:H) has been assigned a C$61.00 price objective by research analysts at Desjardins in a research report issued to clients and investors on Tuesday, BayStreet reports. The brokerage presently has a “buy” rating on the stock. Desjardins‘s target price would indicate a potential upside of 12.13% from the company’s current price.

Other analysts have also issued research reports about the stock. Canadian Imperial Bank of Commerce cut their price objective on shares of Hydro One from C$59.00 to C$56.00 in a research note on Tuesday, September 22nd. Royal Bank Of Canada increased their price target on Hydro One from C$58.00 to C$60.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 13th. Finally, Barclays decreased their price objective on Hydro One from C$63.00 to C$61.00 in a report on Thursday, August 13th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of C$57.58.

Hydro One Stock Performance

Hydro One stock traded down C$0.03 during mid-day trading on Tuesday, reaching C$54.40. 229,742 shares of the company traded hands, compared to its average volume of 1,349,957. The company has a debt-to-equity ratio of 154.61, a current ratio of 0.88 and a quick ratio of 0.30. The firm’s fifty day moving average is C$52.40 and its two-hundred day moving average is C$56.09. Hydro One has a fifty-two week low of C$50.14 and a fifty-two week high of C$60.57. The company has a market capitalization of C$32.65 billion, a price-to-earnings ratio of 23.05, a price-to-earnings-growth ratio of 3.17 and a beta of 0.30.

Hydro One (TSE:H) last posted its quarterly earnings results on Wednesday, August 12th. The company reported C$0.62 earnings per share for the quarter. Hydro One had a return on equity of 11.08% and a net margin of 14.87%. The business had revenue of C$1.23 billion for the quarter. On average, equities research analysts expect that Hydro One will post 2.06 earnings per share for the current fiscal year.

About Hydro One

Hydro One Limited, through its wholly-owned subsidiaries, is Ontario’s largest electricity transmission and distribution provider with 1.5 million valued customers, $39.7 billion in assets as at December 31, 2025, and annual revenues in 2025 of $9 billion. Our team of 9,600 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2025, Hydro One invested $3.4 billion in its transmission and distribution networks, and supported the economy through buying $3 billion of goods and services.