Algonquin Power & Utilities Cor with ticker code (AQN) have now 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The range between the high target price and low target price is between 11.1 and 7 calculating the mean target price we have $9.32. Given that the stocks previous close was at $8.82 and the analysts are correct then there would likely be a percentage uptick in value of 5.7%. Also worth taking note is the 50 day moving average now sits at $7.88 and the 200 day moving average is $10.00. The company has a market capitalization of $5,953m. Find out more information at: https://algonquinpower.com
The potential market cap would be $6,290m based on the market consensus.
Algonquin Power & Utilities Corp., a renewable energy and utility company, that provides energy and water solutions and services in North America and internationally. The company operates through two segments, Regulated Services Group and Renewable Energy Group. The Regulated Services Group segment provides a portfolio of rate-regulated water, electricity, and gas utility services. It offers electricity distribution, water distribution, waste water treatment, and natural gas distribution services. The Renewable Energy Group segment generates and sells electrical energy produced by its portfolio of renewable power generation facilities primarily in the United States and Canada. It owns and operates hydroelectric, wind, solar, renewable natural gas, and thermal facilities. Algonquin Power & Utilities Corp. was incorporated in 1988 and is headquartered in Oakville, Canada.
The company has a dividend yield of 4.92% with the ex dividend date set at 30-3-2023 (DMY).
