Algonquin Power & Utilities Cor found using ticker (AQN) now have 9 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 20 and 15 and has a mean target at 17.17. Now with the previous closing price of 14.02 this now indicates there is a potential upside of 22.5%. The 50 day MA is 14.05 and the 200 moving average now moves to 15.1. The company has a market capitalisation of $9,324m. You can visit the company’s website by visiting: https://algonquinpower.com
The potential market cap would be $11,419m 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 non-regulated renewable and clean energy power generation facilities. The company also owns and operates hydroelectric, wind, solar, and thermal facilities with generating capacity of approximately 2.1 gigawatt; and regulated electric, natural gas, water distribution, and wastewater collection utility systems. It serves approximately 306,000 electric connections; 371,000 natural gas connections; and 409,000 regulated water distribution and wastewater collection utility systems in the states of California, New Hampshire, Missouri, Kansas, Oklahoma, Arkansas, Georgia, Illinois, Iowa, Massachusetts, New York, Arizona, Texas, and the Province of New Brunswick. The company was incorporated in 1988 and is headquartered in Oakville, Canada.
