Hydro One (TSE:H) Stock Price Target Raised at Desjardins

Key Points

• Desjardins raised its Hydro One price target from C$61 to C$63 and maintained a Buy rating, implying 10.18% upside from the share price cited in the report.
• Analyst opinions are mostly cautious: seven rate the stock Hold, two Buy and one Sell. MarketBeat’s consensus rating is Hold, with an average target of C$57.83.
• Hydro One reported quarterly EPS of C$0.68 and revenue of C$1.29 billion; analysts expect full-year EPS of C$2.06 on average.

Hydro One (TSE:H - Get Free Report) had its target price increased by analysts at Desjardins from C$61.00 to C$63.00 in a research report issued to clients and investors on Wednesday, BayStreet reports. The firm presently has a "buy" rating on the stock. Desjardins's target price would indicate a potential upside of 10.18% from the company's current price.

H has been the topic of several other research reports. TD increased their target price on Hydro One from C$58.00 to C$59.00 and gave the stock a "hold" rating in a research note on Wednesday. BMO Capital Markets lifted their target price on Hydro One from C$55.00 to C$58.00 and gave the company a "market perform" rating in a research report on Wednesday. Royal Bank Of Canada boosted their price target on shares of Hydro One from C$58.00 to C$60.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 13th. Canadian Imperial Bank of Commerce reduced their price target on shares of Hydro One from C$59.00 to C$56.00 in a research report on Tuesday, September 22nd. Finally, Barclays lowered their price objective on shares of Hydro One from C$63.00 to C$61.00 in a research note on Thursday, August 13th. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of C$57.83.

Hydro One Trading Down 0.4%

TSE:H traded down C$0.25 during trading hours on Wednesday, reaching C$57.18. 222,423 shares of the stock were exchanged, compared to its average volume of 1,355,223. The company has a quick ratio of 0.30, a current ratio of 0.88 and a debt-to-equity ratio of 154.61. The business has a 50-day moving average of C$52.85 and a two-hundred day moving average of C$56.24. Hydro One has a twelve month low of C$50.14 and a twelve month high of C$60.57. The company has a market capitalization of C$34.31 billion, a price-to-earnings ratio of 24.23, a PEG ratio of 3.17 and a beta of 0.40.

Hydro One (TSE:H - Get Free Report) last released its quarterly earnings results on Tuesday, November 10th. The company reported C$0.68 EPS for the quarter. Hydro One had a return on equity of 11.08% and a net margin of 14.87%. The business had revenue of C$1.29 billion during the quarter. On average, equities analysts predict that Hydro One will post 2.06 EPS for the current year.

Hydro One Company Profile

Hydro One Limited, through its wholly-owned subsidiaries, is Ontario's largest electricity transmission and distribution provider with 1.5 million valued customers, $39.7 billion in assets as at December 31, 2025, and annual revenues in 2025 of $9 billion. Our team of 9,600 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2025, Hydro One invested $3.4 billion in its transmission and distribution networks, and supported the economy through buying $3 billion of goods and services.

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