▲ +35.88% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Hydro One in the last 3 months. The average price target is $32.00, with a high forecast of $33.00 and a low forecast of $31.00. The average price target represents a 35.88% upside from the last price of $23.55.
The current consensus among 7 investment analysts is to hold stock in Hydro One. This rating changed within the last month from a Buy consensus rating.
Hydro One Limited, through its subsidiaries, operates as an electrical transmission and distribution company in Ontario. It operates through three segments: Transmission, Distribution, and Other Business. The company owns and operates approximately 123,000 circuit kilometers of 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 solutions to organizations for broadband network connectivity. Hydro One Limited was incorporated in 2015 and is headquartered in Toronto, Canada.