Algonquin Power & Utilities Corp. (TSE:AQN) Given Consensus Rating of "Hold" by Analysts

Algonquin Power & Utilities Corp. (TSE:AQN - Get Free Report) has received a consensus recommendation of "Hold" from the six brokerages that are currently covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold rating. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is C$6.63.

A number of equities analysts have recently commented on AQN shares. TD Securities increased their price target on shares of Algonquin Power & Utilities from C$6.00 to C$6.50 and gave the stock a "hold" rating in a report on Wednesday, June 4th. National Bank Financial lowered shares of Algonquin Power & Utilities from a "strong-buy" rating to a "hold" rating and set a C$6.75 target price on the stock. in a report on Tuesday, June 3rd. Finally, BMO Capital Markets lowered shares of Algonquin Power & Utilities from a "strong-buy" rating to a "hold" rating in a report on Monday, May 12th.

Algonquin Power & Utilities Stock Performance

TSE AQN opened at C$8.22 on Friday. Algonquin Power & Utilities has a 1 year low of C$6.03 and a 1 year high of C$8.76. The company has a debt-to-equity ratio of 154.35, a current ratio of 0.92 and a quick ratio of 0.37. The stock has a market capitalization of C$4.46 billion, a PE ratio of -4.12, a P/E/G ratio of 1.07 and a beta of 0.52. The company's 50 day simple moving average is C$7.90 and its two-hundred day simple moving average is C$7.31.

About Algonquin Power & Utilities

Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada.

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