Hydro One (TSE:H) Stock Price Expected to Rise, Desjardins Analyst Says

Hydro One (TSE:H) had its price objective hoisted by investment analysts at Desjardins from C$61.00 to C$63.00 in a research report issued on Wednesday, BayStreet reports. The firm presently has a “buy” rating on the stock. Desjardins‘s price objective would indicate a potential upside of 10.18% from the stock’s current price.

A number of other research firms have also recently weighed in on H. Canadian Imperial Bank of Commerce cut their price target on Hydro One from C$59.00 to C$56.00 in a research note on Tuesday, September 22nd. BMO Capital Markets increased their price objective on Hydro One from C$55.00 to C$58.00 and gave the company a “market perform” rating in a report on Wednesday. Royal Bank Of Canada raised their target price 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. Barclays cut their target price on Hydro One from C$63.00 to C$61.00 in a research report on Thursday, August 13th. Finally, TD boosted their target price on Hydro One from C$58.00 to C$59.00 and gave the stock a “hold” rating in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of C$57.83.

Hydro One Stock Down 0.4%

TSE:H traded down C$0.25 during mid-day trading on Wednesday, hitting C$57.18. The stock had a trading volume of 222,423 shares, compared to its average volume of 1,355,223. The stock has a 50-day simple moving average of C$52.85 and a two-hundred day simple moving average of C$56.24. The company has a market capitalization of C$34.31 billion, a PE ratio of 24.23, a PEG ratio of 3.17 and a beta of 0.40. Hydro One has a twelve month low of C$50.14 and a twelve month high of C$60.57. The company has a current ratio of 0.88, a quick ratio of 0.30 and a debt-to-equity ratio of 154.61.

Hydro One (TSE:H) last issued its quarterly earnings results on Tuesday, November 10th. The company reported C$0.68 earnings per share (EPS) for the quarter. Hydro One had a net margin of 14.87% and a return on equity of 11.08%. The company had revenue of C$1.29 billion during the quarter. On average, equities research analysts anticipate that Hydro One will post 2.06 EPS for the current year.

Hydro One Company Profile

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.