Analyst Price Target is $32.29
▲ +29.17% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Hydro One in the last 3 months. The average price target is $32.29, with a high forecast of $34.00 and a low forecast of $31.00. The average price target represents a 29.17% upside from the last price of $24.99.
Current Consensus is
The current consensus among 8 investment analysts is to hold stock in Hydro One. This rating has held steady since September 2020, when it changed from a Buy consensus rating.
Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. It operates through three segments: Transmission Business, Distribution Business, and Other. The company owns and operates approximately 30,000 circuit kilometers (KMs) of high-voltage transmission lines and 124,000 circuit KMs of primary low-voltage distribution network. It serves approximately 1.4 million residential, small business, commercial, and industrial customers. The company also provides telecommunications support services for its transmission and distribution businesses; and communications and information technology services and solutions. Hydro One Limited was incorporated in 2015 and is headquartered in Toronto, Canada.