$36.25
▲ +51.93% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Canadian Utilities in the last 3 months. The average price target is $36.25, with a high forecast of $38.00 and a low forecast of $35.00. The average price target represents a 51.93% upside from the last price of $23.86.
The current consensus among 6 contributing investment analysts is to hold stock in Canadian Utilities. This rating has held steady since May 2020, when it changed from a Buy consensus rating.
Canadian Utilities Limited and its subsidiaries engage in the electricity, pipelines and liquids, and retail energy businesses worldwide. It operates through Electricity, Pipelines & Liquids, and Corporate & Other segments. The Electricity segment provides electricity generation, transmission, and distribution; and related infrastructure solutions in Alberta, Ontario, the Yukon, the Northwest Territories, in Canada, as well as in Australia and Mexico. The Pipelines & Liquids segment offers integrated natural gas transmission, distribution, and storage; industrial water solutions; and related infrastructure development throughout Alberta and the Lloydminster area of Saskatchewan in Canada, as well as Western Australia and Mexico. It owns and operates approximately 9,100 kilometers of natural gas pipelines, 16 compressor sites, approximately 3,700 receipt and delivery points, and a salt cavern storage peaking facility located near Fort Saskatchewan, Alberta in Canada. The Corporate & Other segment retails electricity and natural gas. The company was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities Limited is a subsidiary of ATCO Ltd.
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