Algonquin Power & Utilities - AQN Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $7.38
  • Forecasted Upside: 17.38%
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 6 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$6.29
▲ +0.04 (0.64%)

This chart shows the closing price for AQN by one month, three months, or twelve months.

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Analyst Price Target for AQN

Analyst Price Target is $7.38
▲ +17.38% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Algonquin Power & Utilities in the last 3 months. The average price target is $7.38, with a high forecast of $10.00 and a low forecast of $5.50. The average price target represents a 17.38% upside from the last price of $6.29.

This chart shows the closing price for AQN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 9 polled 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

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
1/22/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
4/22/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
7/21/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
10/19/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
1/17/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
4/16/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
6/15/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
7/15/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/10/2024Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$7.00 ➝ $7.00Low
7/2/2024CIBCBoost TargetNeutral$7.50 ➝ $7.70Low
6/6/2024DesjardinsBoost TargetHold$5.25 ➝ $5.50Low
5/28/2024National BanksharesBoost TargetSector Perform$6.75 ➝ $7.25Low
5/13/2024DesjardinsLower TargetHold$5.50 ➝ $5.25Low
5/13/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$8.00 ➝ $8.50Low
4/22/2024ScotiabankLower TargetSector Perform ➝ Sector Perform$7.50 ➝ $6.50Low
3/11/2024TD SecuritiesBoost TargetHold$6.00 ➝ $6.50Low
3/11/2024DesjardinsUpgradeSell ➝ Hold$4.75 ➝ $5.75Low
1/24/2024ScotiabankBoost TargetSector Perform$7.00 ➝ $7.50Low
1/9/2024CIBCBoost TargetNeutral$7.00 ➝ $7.50Low
1/9/2024National BanksharesLower TargetSector Perform$7.50 ➝ $7.25Low
1/8/2024BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$7.00 ➝ $7.50Low
11/13/2023CIBCLower TargetNeutral$7.50 ➝ $7.00N/A
10/25/2023DesjardinsLower TargetSell$6.50 ➝ $4.75Low
10/19/2023CIBCLower TargetNeutral$8.75 ➝ $7.75Low
10/18/2023TD SecuritiesLower TargetHold$8.00 ➝ $6.00Low
10/17/2023National BanksharesLower TargetSector Perform$9.50 ➝ $8.50Low
10/16/2023ScotiabankLower TargetSector Perform$8.00 ➝ $7.00Low
10/10/2023Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$8.00Low
9/18/2023ScotiabankLower TargetSector Perform$9.00 ➝ $8.00Low
9/14/2023Royal Bank of CanadaLower TargetSector Perform ➝ Sector Perform$9.00 ➝ $8.00Low
9/8/2023BMO Capital MarketsLower TargetMarket Perform$8.50 ➝ $8.00Low
8/14/2023ScotiabankLower Target$9.25 ➝ $9.00Low
8/11/2023BMO Capital MarketsLower TargetMarket Perform ➝ Market Perform$9.00 ➝ $8.50Low
7/24/2023CSFBLower TargetOutperform$10.50 ➝ $10.00Low
5/12/2023Wells Fargo & CompanyBoost Target$9.50 ➝ $10.00Low
4/18/2023Bank of AmericaDowngradeBuy ➝ Neutral$9.00 ➝ $8.50Low
4/17/2023CIBCDowngradeSector Outperform ➝ Neutral$17.00 ➝ $10.00Low
4/17/2023TD SecuritiesBoost TargetHold$8.00 ➝ $9.00Low
4/12/2023Royal Bank of CanadaBoost TargetSector Perform$8.00 ➝ $9.00Low
3/20/2023TD SecuritiesBoost TargetHold$7.50 ➝ $8.00Low
2/16/2023Bank of AmericaUpgradeUnderperform ➝ Buy$7.00 ➝ $9.00Low
1/13/2023Raymond JamesLower TargetOutperform$11.50 ➝ $10.00Low
1/13/2023Credit Suisse GroupLower TargetOutperform$11.00 ➝ $10.50Low
1/13/2023BMO Capital MarketsBoost TargetMarket PerformC$7.00 ➝ C$7.50Low
1/13/2023DesjardinsDowngradeHold ➝ SellLow
1/5/2023Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$9.00Low
12/21/2022Royal Bank of CanadaLower TargetSector Perform$12.00 ➝ $8.00Low
12/16/2022Credit Suisse GroupBoost TargetOutperform$10.75 ➝ $11.00Low
11/30/2022Credit Suisse GroupLower TargetOutperform$12.00 ➝ $10.75Low
11/14/2022Raymond JamesLower TargetOutperform$18.00 ➝ $11.50Low
11/14/2022National BanksharesLower TargetSector Perform$13.50 ➝ $12.50Low
11/14/2022Credit Suisse GroupLower TargetOutperform$13.00 ➝ $12.00Low
11/14/2022TD SecuritiesDowngradeBuy ➝ Hold$13.00 ➝ $10.00Low
11/14/2022DesjardinsDowngradeBuy ➝ HoldLow
11/14/2022Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$17.00 ➝ $12.00Low
11/14/2022National Bank FinancialDowngradeOutperform ➝ Sector PerformLow
11/14/2022BMO Capital MarketsDowngradeOutperform ➝ Market Perform$17.50 ➝ $11.00Low
10/19/2022Wells Fargo & CompanyLower TargetEqual Weight$16.00 ➝ $13.00Low
10/11/2022Credit Suisse GroupUpgradeNeutral ➝ Outperform$15.00Low
10/7/2022National Bank FinancialUpgradeSector Perform ➝ Outperform$16.00 ➝ $14.25N/A
5/27/2022Credit Suisse GroupLower Target$16.00Low
5/16/2022TD SecuritiesLower TargetBuy$17.00 ➝ $16.50Low
5/13/2022Raymond JamesLower TargetOutperform$20.00 ➝ $18.00N/A
5/4/2022National BanksharesDowngradeOutperform ➝ Sector Perform$16.00Medium
5/4/2022National Bank FinancialDowngradeOutperform ➝ Sector Perform$16.00Low
3/7/2022National Bank FinancialBoost TargetOutperform$15.50 ➝ $16.00Low
3/7/2022National BanksharesBoost TargetOutperform$15.50 ➝ $16.00Low
3/4/2022Raymond JamesSet TargetOutperform$20.00Low
12/16/2021Raymond JamesSet TargetOutperform$20.00Low
12/16/2021Credit Suisse GroupReiterated RatingNeutral$16.00Medium
12/16/2021National Bank FinancialBoost TargetOutperform$15.00 ➝ $15.50Medium
12/16/2021CSFBSet TargetNeutral$16.00Low
12/16/2021TD SecuritiesLower TargetBuy$18.50 ➝ $17.00Low
12/16/2021National BanksharesBoost TargetOutperform$15.00 ➝ $15.50Low
12/15/2021Wells Fargo & CompanyLower TargetEqual Weight$16.00 ➝ $15.50Low
11/12/2021Raymond JamesReiterated RatingOutperform$20.00N/A
11/10/2021BMO Capital MarketsUpgradeMarket Perform ➝ OutperformLow
8/19/2021Morgan StanleyBoost TargetEqual Weight$16.00 ➝ $16.50Low
8/16/2021Raymond JamesReiterated RatingOutperformLow
7/20/2021Morgan StanleyLower TargetEqual Weight$16.50 ➝ $16.00Low
6/21/2021Morgan StanleyBoost TargetEqual Weight$16.00 ➝ $16.50Low
5/25/2021Credit Suisse GroupLower TargetNeutralC$17.50 ➝ C$16.50Low
5/18/2021Morgan StanleyLower TargetEqual Weight$16.50 ➝ $16.00Low
5/7/2021Raymond JamesReiterated RatingOutperform$19.00Low
4/20/2021Morgan StanleyLower TargetEqual Weight$17.00 ➝ $16.50Low
4/14/2021Credit Suisse GroupInitiated CoverageNeutral$17.50High
3/19/2021Morgan StanleyBoost TargetEqual Weight$16.50 ➝ $17.00High
3/8/2021Royal Bank of CanadaLower TargetOutperform$20.00 ➝ $18.00Medium
3/8/2021National Bank FinancialLower TargetOutperform$19.00 ➝ $17.00Medium
1/27/2021Raymond JamesDowngradeStrong-Buy ➝ Outperform$19.00 ➝ $20.00Medium
1/25/2021Morgan StanleyLower TargetEqual Weight$18.00 ➝ $16.50Low
1/20/2021Morgan StanleyBoost TargetEqual Weight$17.00 ➝ $18.00Low
12/15/2020TD SecuritiesBoost TargetBuy$18.00 ➝ $18.50Low
12/15/2020Royal Bank of CanadaReiterated RatingBuy$17.00Low
12/15/2020Raymond JamesBoost TargetStrong-Buy$18.50 ➝ $19.00Low
11/16/2020Royal Bank of CanadaBoost TargetOutperform$15.00 ➝ $17.00Low
11/16/2020TD SecuritiesBoost TargetBuy$17.00 ➝ $18.00Low
11/16/2020Bank of AmericaBoost TargetUnderperform$13.00 ➝ $13.50Low
11/13/2020Raymond JamesSet TargetStrong-Buy$18.50Low
11/12/2020Morgan StanleyBoost TargetEqual Weight$16.50 ➝ $17.00Medium
10/28/2020Raymond JamesBoost TargetStrong-Buy$18.00 ➝ $18.50Low
10/20/2020Morgan StanleyBoost TargetEqual Weight$16.00 ➝ $16.50Low
10/5/2020Morgan StanleyBoost TargetEqual Weight$15.50 ➝ $16.00High
9/18/2020Morgan StanleyLower TargetEqual Weight$16.00 ➝ $15.50Medium
8/17/2020Raymond JamesSet TargetStrong-Buy$18.00Low
8/17/2020Wells Fargo & CompanyLower TargetEqual Weight$16.00 ➝ $15.00Low
8/14/2020Morgan StanleyBoost TargetEqual Weight$15.00 ➝ $16.00Low
7/20/2020National Bank FinancialSet TargetOutperform$15.75Medium
7/20/2020TD SecuritiesSet TargetBuy$17.00Medium
7/17/2020Morgan StanleyLower TargetEqual Weight$16.00 ➝ $15.00Low
7/9/2020National Bank FinancialSet TargetOutperform$15.75Low
6/26/2020Raymond JamesSet TargetStrong-Buy$18.00Low
6/17/2020Morgan StanleyBoost TargetEqual Weight$15.50 ➝ $16.00High
5/15/2020Morgan StanleyLower TargetEqual Weight$16.00 ➝ $15.50Low
5/11/2020Wells Fargo & CompanyLower TargetEqual Weight$17.00 ➝ $16.00High
5/8/2020Raymond JamesLower TargetStrong-Buy$19.00 ➝ $18.00High
5/8/2020BMO Capital MarketsDowngradeOutperform ➝ Market Perform$13.50Low
4/29/2020National Bank FinancialBoost TargetOutperform$14.00 ➝ $15.75High
4/23/2020Bank of AmericaDowngradeNeutral ➝ Underperform$13.00High
4/17/2020National Bank FinancialReiterated RatingSector Perform$14.50High
4/17/2020TD SecuritiesReiterated RatingBuy$16.00High
4/15/2020Morgan StanleyBoost TargetEqual Weight$15.50 ➝ $16.00High
4/9/2020JPMorgan Chase & Co.Boost TargetNeutral$16.00 ➝ $19.00Low
4/8/2020Royal Bank of CanadaReiterated RatingBuy$15.00Low
3/24/2020National Bank FinancialUpgradeSector Perform Under Weight ➝ Outperfrom Under WeightMedium
3/13/2020National Bank FinancialUpgradeSector Perform ➝ Outperform$14.00High
3/10/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$17.00 ➝ $15.50High
3/2/2020TD SecuritiesBoost TargetBuy$16.00 ➝ $17.00Low
2/13/2020National Bank FinancialBoost TargetSector Perform$15.00 ➝ $15.50Low
2/7/2020Morgan StanleyInitiated CoverageOverweight$17.00High
2/5/2020National Bank FinancialBoost TargetSector Perform$14.50 ➝ $15.00Low
12/4/2019ScotiabankDowngradeOutperform ➝ Sector PerformLow
12/4/2019National Bank FinancialBoost TargetSector Perform$14.00 ➝ $14.50Low
12/4/2019Howard WeilDowngradeSector Outperform ➝ Sector PerformMedium
12/4/2019TD SecuritiesBoost TargetBuy$15.00 ➝ $16.00Medium
11/21/2019Raymond JamesSet TargetStrong-Buy$16.00Medium
11/11/2019TD SecuritiesBoost TargetBuy$14.50 ➝ $15.00Low
11/8/2019Raymond JamesReiterated RatingStrong-Buy$16.00N/A
10/17/2019TD SecuritiesInitiated CoverageBuyLow
10/15/2019CIBCSet TargetBuy$14.30Low
10/9/2019Industrial Alliance SecuritiesDowngradeBuy$19.00N/A
8/13/2019Royal Bank of CanadaBoost TargetOutperform$12.00 ➝ $13.00Low
8/12/2019Industrial Alliance SecuritiesReiterated RatingBuyLow
8/12/2019TD SecuritiesBoost TargetBuy$14.00 ➝ $14.50Low
8/12/2019CIBCReiterated RatingAverage$13.50Low
8/9/2019Royal Bank of CanadaReiterated RatingBuy$12.00 ➝ $13.00N/A
8/9/2019Raymond JamesReiterated RatingStrong-Buy$15.00N/A
(Data available from 7/15/2019 forward)

News Sentiment Rating

0.98 (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

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/17/2023
  • 4 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
1/16/2024
  • 11 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/15/2024
  • 20 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
3/16/2024
  • 5 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/15/2024
  • 9 very positive mentions
  • 11 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
5/15/2024
  • 11 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/14/2024
  • 10 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/14/2024

Current Sentiment

  • 10 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Algonquin Power & Utilities logo
Algonquin Power & Utilities Corp. operates in the power and utility industries in the United States, Canada, and other regions. The company operates in two segments, Regulated Services Group and Renewable Energy Group. The company primarily owns and operates a regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations. As of December 31, 2023, it provided distribution services to approximately 1,256,000 customer connections in the electric (approximately 309,000 customer connections), water and wastewater (approximately 572,000 customer connections), and natural gas sectors (approximately 375,000 customer connections). The company's electrical distribution utility systems and related transmission and generation assets are located in the states of Arkansas, California, Kansas, Missouri, Nevada, New Hampshire, and Oklahoma, and in Bermuda. Its regulated water distribution and wastewater collection utility systems are located in the states of Arizona, Arkansas, California, Illinois, Missouri, New York and Texas, and in Chile. The company's regulated natural gas distribution utility systems located in the province of New Brunswick and the states of Georgia, Illinois, Iowa, Massachusetts, Missouri, New Hampshire and New York. It also owns and operates generating assets with a gross capacity of approximately 2.0 gigawatt (GW) and has investments in generating assets with approximately 0.3 GW of net generation capacity. The company generates and sells electrical energy, capacity, ancillary products, and renewable attributes produced by its renewable and clean power generation facilities. It has economic interests in hydroelectric, wind, solar, renewable natural gas, and thermal facilities. As of December 31, 2023, it had a combined net generating capacity attributable to the Renewable Energy Group of approximately 2.7 GW. The company was incorporated in 1988 and is headquartered in Oakville, Canada.
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Today's Range

Now: $6.29
Low: $6.22
High: $6.32

50 Day Range

MA: $6.20
Low: $5.73
High: $6.76

52 Week Range

Now: $6.29
Low: $4.90
High: $8.49

Volume

4,844,600 shs

Average Volume

5,363,150 shs

Market Capitalization

$4.82 billion

P/E Ratio

N/A

Dividend Yield

6.94%

Beta

0.66

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: BMO Capital Markets, CIBC, CSFB, Desjardins, National Bankshares, Inc., Royal Bank of Canada, Scotiabank, StockNews.com, TD Securities, and Wells Fargo & Company.
View the latest analyst ratings for AQN.

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

9 Wall Street analysts have set twelve-month price targets for Algonquin Power & Utilities in the last year. Their average twelve-month price target is $7.38, suggesting a possible upside of 17.4%. CSFB has the highest price target set, predicting AQN will reach $10.00 in the next twelve months. Desjardins has the lowest price target set, forecasting a price of $5.50 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 6 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?

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.