Wall Street analyst has provided a review for the Utilities company yesterday, but retained the same rating on the stock. Hydro One (TSX: H) received a Hold rating from TD Securities’ analyst Linda Ezergailis, with a C$20 price target.
According to TipRanks.com, Ezergailis is ranked #3617 out of 4850 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Hydro One with a C$20.58 average price target, implying a 6.1% upside from current levels. In a report issued on August 14, Canaccord Genuity also downgraded the stock to Hold with a C$20 price target.
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The company has a one-year high of C$23.35 and a one-year low of C$18.57. Currently, Hydro One has an average volume of 959.8K.
Hydro One Ltd. engages in the transmission and distribution of electricity. It operates through the following segments: Transmission, Distribution, and Other Business. The Transmission segment owns, operates, and maintains electricity transmission networks. The Distribution segment manages the distribution system through the Hydro One Networks Inc.
The company’s shares closed on Thursday at C$19.39.
