In a report released yesterday, Bill Cabel from Desjardins reiterated a Buy rating on Algonquin Power & Utilities Corp (AQN), with a price target of $13. The company’s shares opened today at $11.43, close to its 52-week high of $11.60.
Cabel has an average return of 11.2% when recommending Algonquin Power & Utilities Corp.
According to TipRanks.com, Cabel is ranked #351 out of 5195 analysts.
Algonquin Power & Utilities Corp has an analyst consensus of Moderate Buy, with a price target consensus of $11.88.
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Algonquin Power & Utilities Corp’s market cap is currently $5.62B and has a P/E ratio of 29.91. The company has a Price to Book ratio of 1.88.
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Algonquin Power & Utilities Corp. is a diversified utility company, which through its subsidiaries, engages in the ownership and operation of a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets.
