Algonquin Power & Utilities Cor found using ticker (AQN) have now 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 20 and 16 with the average target price sitting at 17.43. Given that the stocks previous close was at 14.81 this indicates there is a potential upside of 17.7%. The day 50 moving average is 15.08 and the 200 moving average now moves to 14.78. The market capitalisation for the company is $9,785m. Visit the company website at: https://algonquinpower.com
The potential market cap would be $11,516m based on the market concensus.
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, the United States, Chile, and Bermuda. It generates and sells electrical energy through renewable and clean energy power generation facilities. The company also owns and operates hydroelectric, wind, solar, and thermal facilities with generating capacity of approximately 2.3 gigawatt; and regulated electric, natural gas, water distribution, and wastewater collection utility systems. As of December 31, 2021, it serves approximately 307,000 electric connections; 373,000 natural gas connections; and 413,000 regulated water distribution and wastewater collection utility systems. The company was incorporated in 1988 and is headquartered in Oakville, Canada.
