Algonquin Power & Utilities Cor which can be found using ticker (AQN) now have 8 analysts in total covering the stock. The consensus rating is pointing to ‘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 $9.26. Now with the previous closing price of $7.67 and the analysts are correct then there would likely be a percentage uptick in value of 20.7%. It’s also worth noting that there is a 50 day moving average of $7.45 and the 200 day MA is $10.53. The market cap for the company is $5,477m. You can visit the company’s website by visiting: https://algonquinpower.com
The potential market cap would be $6,613m 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 5.45% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 113.71, revenue per share of 4.08 and a 1.78% return on assets.
