Algonquin Power & Utilities Corp (NYSE:AQN) has coverage initiated with a Neutral rating and $11.00 price target

ME Staff
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Analyst Ratings For Algonquin Power & Utilities Corp (NYSE:AQN)

Today, Bank of America initiated coverage on Algonquin Power & Utilities Corp (NYSE:AQN) with a Neutral with a price target of $11.00.

There are 4 Hold Ratings, 1 Strong Buy Ratings, 1 Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Algonquin Power & Utilities Corp (NYSE:AQN) is Buy with a consensus target price of $11.75 per share, a potential 6.92% upside.

Some recent analyst ratings include

  • 2/27/2019-Algonquin Power & Utilities Corp (NYSE:AQN) has coverage initiated with a Neutral rating and $11.00 price target
  • 2/8/2019-Algonquin Power & Utilities Corp (NYSE:AQN) gets downgraded to Hold by Canaccord Genuity
  • 2/27/2017-Algonquin Power & Utilities Corp (NYSE:AQN) has coverage initiated with a Neutral rating

    About Algonquin Power & Utilities Corp (NYSE:AQN)
    Algonquin Power & Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in Canada and the United States. The company generates and sells electrical energy through a portfolio of non-regulated renewable and clean energy power generation facilities. It owns or has interests in hydroelectric facilities with a generating capacity of approximately 120 megawatts (MW); wind powered generating facilities with a generating capacity of 1,050 MW; solar energy facilities with a generating capacity of 40 MW; and thermal energy facilities with a generating capacity of 335 MW. The company also owns and operates a portfolio of regulated electric, natural gas, water distribution, and wastewater collection utility systems. It serves approximately 265,000 electric connections; 337,000 natural gas connections; and 160,000 regulated water distribution and wastewater collection utility systems in the states of California, New Hampshire, Missouri, Kansas, Oklahoma, Arkansas, Georgia, Illinois, Iowa, Massachusetts, Arizona, and Texas. The company was incorporated in 1988 and is headquartered in Oakville, Canada.

    Recent Trading Activity for Algonquin Power & Utilities Corp (NYSE:AQN)
    Shares of Algonquin Power & Utilities Corp closed the previous trading session at 11,00 −0,11 0,99 % with 10.94 shares trading hands.