▲ +1.75% 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 $16.67, with a high forecast of $20.00 and a low forecast of $13.50. The average price target represents a 1.75% upside from the last price of $16.38.
The current consensus among 9 contributing investment analysts is to hold stock in Algonquin Power & Utilities. This rating has held steady since April 2020, when it changed from a Buy consensus rating.
Algonquin Power & Utilities Corp. operates as a diversified utility company. The firm engages in the ownership and operation of a portfolio of regulated and non-regulated generation, distribution and transmission utility assets. It operates through the following segments: Regulated Services Group, and Renewable Energy Group. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution and wastewater collection utility systems and transmission operations in the United States and Canada. The Renewable Energy Group segment owns and operates a diversified portfolio of renewable and thermal electric generation assets in North America and internationally. The company was founded on August 1, 1988 and is headquartered in Oakville, Canada.