Algonquin Power & Utilities - AQN Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $10.13
Forecasted Upside: 17.05%
Number of Analysts: 11
Breakdown:
1 Sell Ratings
7 Hold Ratings
3 Buy Ratings
0 Strong Buy Ratings

^$8.65 As of 06/9/2023 01:00 AM ET

▼ -0.04 (-0.46%)

1 month | 3 months | 12 months

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Analyst Price Target for AQN

^$10.13

▲ +17.05% Upside Potential

This price target is based on 11 analysts offering 12 month price targets for Algonquin Power & Utilities in the last 3 months. The average price target is $10.13, with a high forecast of $14.25 and a low forecast of $7.50. The average price target represents a 17.05% upside from the last price of $8.65.

Current Consensus is Hold

The current consensus among 11 contributing investment analysts is to hold stock in Algonquin Power & Utilities. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
3 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

12/16/2021

0 strong buy ratings
3 buy ratings
6 hold ratings
0 sell ratings

Ratings as of

3/16/2022

0 strong buy ratings
3 buy ratings
6 hold ratings
0 sell ratings

Ratings as of

6/14/2022

0 strong buy ratings
3 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

9/12/2022

0 strong buy ratings
3 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

12/11/2022

0 strong buy ratings
3 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

3/11/2023

0 strong buy ratings
3 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

5/10/2023

0 strong buy ratings
3 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

6/9/2023

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
5/12/2023	Wells Fargo & Company	Boost Target		$9.50 ➝ $10.00	Low
4/18/2023	Bank of America	Downgrade	Buy ➝ Neutral	$9.00 ➝ $8.50	Low
4/17/2023	CIBC	Downgrade	Sector Outperform ➝ Neutral	$17.00 ➝ $10.00	Low
4/17/2023	TD Securities	Boost Target	Hold	$8.00 ➝ $9.00	Low
4/12/2023	Royal Bank of Canada	Boost Target	Sector Perform	$8.00 ➝ $9.00	Low
3/20/2023	TD Securities	Boost Target	Hold	$7.50 ➝ $8.00	Low
2/16/2023	Bank of America	Upgrade	Underperform ➝ Buy	$7.00 ➝ $9.00	Low
1/13/2023	Raymond James	Lower Target	Outperform	$11.50 ➝ $10.00	Low
1/13/2023	Credit Suisse Group	Lower Target	Outperform	$11.00 ➝ $10.50	Low
1/13/2023	BMO Capital Markets	Boost Target	Market Perform	C$7.00 ➝ C$7.50	Low
1/13/2023	Desjardins	Downgrade	Hold ➝ Sell		Low
1/5/2023	Wells Fargo & Company	Upgrade	Equal Weight ➝ Overweight	$9.00	Low
12/21/2022	Royal Bank of Canada	Lower Target	Sector Perform	$12.00 ➝ $8.00	Low
12/16/2022	Credit Suisse Group	Boost Target	Outperform	$10.75 ➝ $11.00	Low
11/30/2022	Credit Suisse Group	Lower Target	Outperform	$12.00 ➝ $10.75	Low
11/14/2022	Raymond James	Lower Target	Outperform	$18.00 ➝ $11.50	Low
11/14/2022	National Bankshares	Lower Target	Sector Perform	$13.50 ➝ $12.50	Low
11/14/2022	Credit Suisse Group	Lower Target	Outperform	$13.00 ➝ $12.00	Low
11/14/2022	TD Securities	Downgrade	Buy ➝ Hold	$13.00 ➝ $10.00	Low
11/14/2022	Desjardins	Downgrade	Buy ➝ Hold		Low
11/14/2022	Royal Bank of Canada	Downgrade	Outperform ➝ Sector Perform	$17.00 ➝ $12.00	Low
11/14/2022	National Bank Financial	Downgrade	Outperform ➝ Sector Perform		Low
11/14/2022	BMO Capital Markets	Downgrade	Outperform ➝ Market Perform	$17.50 ➝ $11.00	Low
10/19/2022	Wells Fargo & Company	Lower Target	Equal Weight	$16.00 ➝ $13.00	Low
10/11/2022	Credit Suisse Group	Upgrade	Neutral ➝ Outperform	$15.00	Low
10/7/2022	National Bank Financial	Upgrade	Sector Perform ➝ Outperform	$16.00 ➝ $14.25	N/A
5/27/2022	Credit Suisse Group	Lower Target		$16.00	Low
5/16/2022	TD Securities	Lower Target	Buy	$17.00 ➝ $16.50	Low
5/13/2022	Raymond James	Lower Target	Outperform	$20.00 ➝ $18.00	N/A
5/4/2022	National Bankshares	Downgrade	Outperform ➝ Sector Perform	$16.00	Medium
5/4/2022	National Bank Financial	Downgrade	Outperform ➝ Sector Perform	$16.00	Low
3/7/2022	National Bank Financial	Boost Target	Outperform	$15.50 ➝ $16.00	Low
3/7/2022	National Bankshares	Boost Target	Outperform	$15.50 ➝ $16.00	Low
3/4/2022	Raymond James	Set Target	Outperform	$20.00	Low
12/16/2021	Raymond James	Set Target	Outperform	$20.00	Low
12/16/2021	Credit Suisse Group	Reiterated Rating	Neutral	$16.00	Medium
12/16/2021	National Bank Financial	Boost Target	Outperform	$15.00 ➝ $15.50	Medium
12/16/2021	CSFB	Set Target	Neutral	$16.00	Low
12/16/2021	TD Securities	Lower Target	Buy	$18.50 ➝ $17.00	Low
12/16/2021	National Bankshares	Boost Target	Outperform	$15.00 ➝ $15.50	Low
12/15/2021	Wells Fargo & Company	Lower Target	Equal Weight	$16.00 ➝ $15.50	Low
11/12/2021	Raymond James	Reiterated Rating	Outperform	$20.00	N/A
11/10/2021	BMO Capital Markets	Upgrade	Market Perform ➝ Outperform		Low
8/19/2021	Morgan Stanley	Boost Target	Equal Weight	$16.00 ➝ $16.50	Low
8/16/2021	Raymond James	Reiterated Rating	Outperform		Low
7/20/2021	Morgan Stanley	Lower Target	Equal Weight	$16.50 ➝ $16.00	Low
6/21/2021	Morgan Stanley	Boost Target	Equal Weight	$16.00 ➝ $16.50	Low
5/25/2021	Credit Suisse Group	Lower Target	Neutral	C$17.50 ➝ C$16.50	Low
5/18/2021	Morgan Stanley	Lower Target	Equal Weight	$16.50 ➝ $16.00	Low
5/7/2021	Raymond James	Reiterated Rating	Outperform	$19.00	Low
4/20/2021	Morgan Stanley	Lower Target	Equal Weight	$17.00 ➝ $16.50	Low
4/14/2021	Credit Suisse Group	Initiated Coverage	Neutral	$17.50	High
3/19/2021	Morgan Stanley	Boost Target	Equal Weight	$16.50 ➝ $17.00	High
3/8/2021	Royal Bank of Canada	Lower Target	Outperform	$20.00 ➝ $18.00	Medium
3/8/2021	National Bank Financial	Lower Target	Outperform	$19.00 ➝ $17.00	Medium
1/27/2021	Raymond James	Downgrade	Strong-Buy ➝ Outperform	$19.00 ➝ $20.00	Medium
1/25/2021	Morgan Stanley	Lower Target	Equal Weight	$18.00 ➝ $16.50	Low
1/20/2021	Morgan Stanley	Boost Target	Equal Weight	$17.00 ➝ $18.00	Low
12/15/2020	TD Securities	Boost Target	Buy	$18.00 ➝ $18.50	Low
12/15/2020	Royal Bank of Canada	Reiterated Rating	Buy	$17.00	Low
12/15/2020	Raymond James	Boost Target	Strong-Buy	$18.50 ➝ $19.00	Low
11/16/2020	Royal Bank of Canada	Boost Target	Outperform	$15.00 ➝ $17.00	Low
11/16/2020	TD Securities	Boost Target	Buy	$17.00 ➝ $18.00	Low
11/16/2020	Bank of America	Boost Target	Underperform	$13.00 ➝ $13.50	Low
11/13/2020	Raymond James	Set Target	Strong-Buy	$18.50	Low
11/12/2020	Morgan Stanley	Boost Target	Equal Weight	$16.50 ➝ $17.00	Medium
10/28/2020	Raymond James	Boost Target	Strong-Buy	$18.00 ➝ $18.50	Low
10/20/2020	Morgan Stanley	Boost Target	Equal Weight	$16.00 ➝ $16.50	Low
10/5/2020	Morgan Stanley	Boost Target	Equal Weight	$15.50 ➝ $16.00	High
9/18/2020	Morgan Stanley	Lower Target	Equal Weight	$16.00 ➝ $15.50	Medium
8/17/2020	Raymond James	Set Target	Strong-Buy	$18.00	Low
8/17/2020	Wells Fargo & Company	Lower Target	Equal Weight	$16.00 ➝ $15.00	Low
8/14/2020	Morgan Stanley	Boost Target	Equal Weight	$15.00 ➝ $16.00	Low
7/20/2020	National Bank Financial	Set Target	Outperform	$15.75	Medium
7/20/2020	TD Securities	Set Target	Buy	$17.00	Medium
7/17/2020	Morgan Stanley	Lower Target	Equal Weight	$16.00 ➝ $15.00	Low
7/9/2020	National Bank Financial	Set Target	Outperform	$15.75	Low
6/26/2020	Raymond James	Set Target	Strong-Buy	$18.00	Low
6/17/2020	Morgan Stanley	Boost Target	Equal Weight	$15.50 ➝ $16.00	High
5/15/2020	Morgan Stanley	Lower Target	Equal Weight	$16.00 ➝ $15.50	Low
5/11/2020	Wells Fargo & Company	Lower Target	Equal Weight	$17.00 ➝ $16.00	High
5/8/2020	Raymond James	Lower Target	Strong-Buy	$19.00 ➝ $18.00	High
5/8/2020	BMO Capital Markets	Downgrade	Outperform ➝ Market Perform	$13.50	Low
4/29/2020	National Bank Financial	Boost Target	Outperform	$14.00 ➝ $15.75	High
4/23/2020	Bank of America	Downgrade	Neutral ➝ Underperform	$13.00	High
4/17/2020	National Bank Financial	Reiterated Rating	Sector Perform	$14.50	High
4/17/2020	TD Securities	Reiterated Rating	Buy	$16.00	High
4/15/2020	Morgan Stanley	Boost Target	Equal Weight	$15.50 ➝ $16.00	High
4/9/2020	JPMorgan Chase & Co.	Boost Target	Neutral	$16.00 ➝ $19.00	Low
4/8/2020	Royal Bank of Canada	Reiterated Rating	Buy	$15.00	Low
3/24/2020	National Bank Financial	Upgrade	Sector Perform Under Weight ➝ Outperfrom Under Weight		Medium
3/13/2020	National Bank Financial	Upgrade	Sector Perform ➝ Outperform	$14.00	High
3/10/2020	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$17.00 ➝ $15.50	High
3/2/2020	TD Securities	Boost Target	Buy	$16.00 ➝ $17.00	Low
2/13/2020	National Bank Financial	Boost Target	Sector Perform	$15.00 ➝ $15.50	Low
2/7/2020	Morgan Stanley	Initiated Coverage	Overweight	$17.00	High
2/5/2020	National Bank Financial	Boost Target	Sector Perform	$14.50 ➝ $15.00	Low
12/4/2019	Scotiabank	Downgrade	Outperform ➝ Sector Perform		Low
12/4/2019	National Bank Financial	Boost Target	Sector Perform	$14.00 ➝ $14.50	Low
12/4/2019	Howard Weil	Downgrade	Sector Outperform ➝ Sector Perform		Medium
12/4/2019	TD Securities	Boost Target	Buy	$15.00 ➝ $16.00	Medium
11/21/2019	Raymond James	Set Target	Strong-Buy	$16.00	Medium
11/11/2019	TD Securities	Boost Target	Buy	$14.50 ➝ $15.00	Low
11/8/2019	Raymond James	Reiterated Rating	Strong-Buy	$16.00	N/A
10/17/2019	TD Securities	Initiated Coverage	Buy		Low
10/15/2019	CIBC	Set Target	Buy	$14.30	Low
10/9/2019	Industrial Alliance Securities	Downgrade	Buy	$19.00	N/A
8/13/2019	Royal Bank of Canada	Boost Target	Outperform	$12.00 ➝ $13.00	Low
8/12/2019	Industrial Alliance Securities	Reiterated Rating	Buy		Low
8/12/2019	TD Securities	Boost Target	Buy	$14.00 ➝ $14.50	Low
8/12/2019	CIBC	Reiterated Rating	Average	$13.50	Low
8/9/2019	Royal Bank of Canada	Reiterated Rating	Buy	$12.00 ➝ $13.00	N/A
8/9/2019	Raymond James	Reiterated Rating	Strong-Buy	$15.00	N/A
6/21/2019	National Bank Financial	Boost Target	Sector Perform	$12.00 ➝ $12.50	Low
6/4/2019	Industrial Alliance Securities	Reiterated Rating	Buy		Medium
6/4/2019	Raymond James	Reiterated Rating	Strong-Buy	$13.00	Low
4/23/2019	Desjardins	Reiterated Rating	Buy	$13.00	Low
4/22/2019	National Bank Financial	Boost Target	Sector Perform	$11.50 ➝ $12.00	Low
3/4/2019	TD Securities	Boost Target	Buy	$12.00 ➝ $12.50	Low
3/1/2019	Raymond James	Reiterated Rating	Strong-Buy	$13.00	Low
2/27/2019	Bank of America	Initiated Coverage	Neutral ➝ Neutral	$11.00	Medium
12/7/2018	Raymond James	Boost Target	Strong-Buy	$12.50 ➝ $13.00	Low
12/5/2018	TD Securities	Boost Target	Buy	$11.50 ➝ $12.00	Medium
11/12/2018	National Bank Financial	Boost Target	Sector Perform	$10.50 ➝ $11.00	Low
11/8/2018	National Bank Financial	Downgrade	Outperform Overweight ➝ Sector Perform Overweight		Low
10/5/2018	National Bank Financial	Downgrade	Outperform ➝ Sector Perform	$11.00 ➝ $10.50	Medium
8/20/2018	Wells Fargo & Company	Lower Target	Market Perform ➝ Market Perform	$14.00 ➝ $12.00	Low
8/13/2018	National Bank Financial	Reiterated Rating	Outperform Overweight		Low

(Data available from 6/9/2018 forward)

News Sentiment Rating

0.69 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

3 very positive mentions
5 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

11/11/2022

6 very positive mentions
16 positive mentions
5 negative mentions
1 very negative mentions

Mentions as of

12/11/2022

4 very positive mentions
9 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

1/10/2023

8 very positive mentions
4 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

2/9/2023

8 very positive mentions
8 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

3/11/2023

7 very positive mentions
17 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

4/10/2023

12 very positive mentions
26 positive mentions
3 negative mentions
0 very negative mentions

Mentions as of

5/10/2023

10 very positive mentions
22 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

6/9/2023

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

Negative

No negative mentions tracked during this time.

Positive

marketbeat.com
6/6/2023
Korea Investment CORP Has $906,000 Stock Holdings in Algonquin Power & Utilities Corp. (NYSE:AQN)
americanbankingnews.com
5/29/2023
Algonquin Power & Utilities Corp. to Post FY2023 Earnings of $0.56 Per Share, National Bank Financial Forecasts (NYSE:AQN)
seekingalpha.com
5/29/2023
Algonquin And Atlantica: Strategic Reviews Could Be A Major Catalyst
marketbeat.com
5/28/2023
Research Analysts Issue Forecasts for Algonquin Power & Utilities Corp.'s FY2023 Earnings (NYSE:AQN)
finance.yahoo.com
5/25/2023
With 56% ownership of the shares, Algonquin Power & Utilities Corp. (TSE:AQN) is heavily dominated by institutional owners

Very Positive

marketbeat.com
13 hours ago
Algonquin Power & Utilities Corp. (NYSE:AQN) Shares Sold by CIBC Asset Management Inc
marketbeat.com
6/4/2023
Algonquin Power & Utilities Corp. (NYSE:AQN) Shares Bought by LPL Financial LLC
marketbeat.com
6/2/2023
Algonquin Power & Utilities Corp. (NYSE:AQN) Shares Sold by Blair William & Co. IL
marketbeat.com
5/30/2023
Vanguard Personalized Indexing Management LLC Buys 14,120 Shares of Algonquin Power & Utilities Corp. (NYSE:AQN)
marketbeat.com
5/26/2023
Raymond James Financial Services Advisors Inc. Decreases Stock Holdings in Algonquin Power & Utilities Corp. (NYSE:AQN)

Algonquin Power & Utilities Corp. is an investment holding company, which engages in energy generation and water distribution facilities. It operates through the following business segments: Regulated Services Group, Renewable Energy Group, and Corporate. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution, and wastewater collection utility systems and transmission. The Renewable Energy Group segment focuses on operating a diversified portfolio of renewable and thermal electric generation assets. The Corporate segment relates to other energy generation and water distribution related activities. The company was founded on August 1, 1988 and is headquartered in Oakville, Canada.

Today's Range

Now: $8.65

$8.55

$8.73

50 Day Range

MA: $8.54

$8.06

$8.94

52 Week Range

Now: $8.65

$6.41

$14.65

Volume

2,936,303 shs

Average Volume

5,269,224 shs

Market Capitalization

$5.96 billion

P/E Ratio

N/A

Dividend Yield

4.97%

Beta

0.51

Frequently Asked Questions

What sell-side analysts currently cover shares of Algonquin Power & Utilities?: The following equities research analysts have issued stock ratings on Algonquin Power & Utilities in the last twelve months: Bank of America Co., BMO Capital Markets, CIBC, Credit Suisse Group AG, Desjardins, National Bank Financial, National Bankshares, Inc., Raymond James, Royal Bank of Canada, StockNews.com, TD Securities, TheStreet, and Wells Fargo & Company.
View the latest analyst ratings for AQN.
What is the current price target for Algonquin Power & Utilities?: 10 Wall Street analysts have set twelve-month price targets for Algonquin Power & Utilities in the last year. Their average twelve-month price target is $10.13, suggesting a possible upside of 17.1%. National Bank Financial has the highest price target set, predicting AQN will reach $14.25 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of $7.50 for Algonquin Power & Utilities in the next year.
View the latest price targets for AQN.
What is the current consensus analyst rating for Algonquin Power & Utilities?: Algonquin Power & Utilities currently has 1 sell rating, 7 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in AQN, but not buy more shares or sell existing shares.
View the latest ratings for AQN.
What other companies compete with Algonquin Power & Utilities?: Other companies that are similar to Algonquin Power & Utilities include CEMIG, IDACORP, Portland General Electric, OGE Energy and Companhia Paranaense de Energia - COPEL. Learn More about companies similar to Algonquin Power & Utilities.
How do I contact Algonquin Power & Utilities' investor relations team?: Algonquin Power & Utilities' physical mailing address is 354 DAVIS ROAD, OAKVILLE A6, L6J2X1. The utilities provider's listed phone number is (905) 465-4500 and its investor relations email address is [email protected]. The official website for Algonquin Power & Utilities is algonquinpower.com. Learn More about contacing Algonquin Power & Utilities investor relations.

Algonquin Power & Utilities - AQN Stock Price Target and Predictions

Analyst Price Target for AQN

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.69 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Algonquin Power & Utilities?

What is the current price target for Algonquin Power & Utilities?

What is the current consensus analyst rating for Algonquin Power & Utilities?

What other companies compete with Algonquin Power & Utilities?

How do I contact Algonquin Power & Utilities' investor relations team?