Algonquin Power & Utilities Cor with ticker code (AQN) now have 5 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 18 and 16 calculating the mean target price we have 16.5. With the stocks previous close at 13.28 this would indicate that there is a potential upside of 24.2%. The day 50 moving average is 13.87 and the 200 moving average now moves to 14.36. The company has a market cap of $8,985m. You can visit the company’s website by visiting: https://algonquinpower.com
The potential market cap would be $11,164m 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.
