Algonquin Power & Utilities Cor with ticker code (AQN) have now 5 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 18 and 16 with the average target price sitting at 16.5. With the stocks previous close at 13.52 this indicates there is a potential upside of 22.0%. The 50 day moving average now sits at 14.33 and the 200 day MA is 14.48. The market capitalisation for the company is $9,414m. Company Website: https://algonquinpower.com
The potential market cap would be $11,489m 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.
