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Algonquin Power & Utilities - AQN Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$9.13
  • Forecasted Upside: 21.50%
  • Number of Analysts: 6
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
C$7.51 As of 10/3/2023 10:39 AM ET
▼ -0.14 (-1.83%)

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 C$9.13
▲ +21.50% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Algonquin Power & Utilities in the last 3 months. The average price target is C$9.13, with a high forecast of C$12.00 and a low forecast of C$7.00. The average price target represents a 21.50% upside from the last price of C$7.51.

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 6 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
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
4/10/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
7/9/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
10/7/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
1/5/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
4/5/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
7/4/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
9/2/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
10/2/2023

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
9/14/2023Royal Bank of CanadaLower TargetSector PerformC$9.00 ➝ C$8.00
8/21/2023CIBCLower TargetNeutralC$9.00 ➝ C$8.75
7/21/2023CIBCLower TargetNeutralC$10.00 ➝ C$9.25
4/18/2023JPMorgan Chase & Co.Boost TargetC$11.00 ➝ C$12.00
3/7/2023National BanksharesLower TargetC$11.00 ➝ C$10.00
1/13/2023DesjardinsDowngradeHold ➝ SellC$7.00
1/5/2023Wells Fargo & CompanyUpgradeBuyC$9.00
11/13/2022National Bank FinancialDowngradeOutperform ➝ Sector Perform
11/13/2022DesjardinsDowngradeBuy ➝ Hold
11/11/2022National BanksharesLower TargetC$14.25 ➝ C$13.50
10/7/2022National BanksharesUpgradeSector Perform ➝ OutperformC$16.00 ➝ C$14.25
8/23/2022JPMorgan Chase & Co.Boost TargetC$20.00 ➝ C$21.00
5/4/2022National BanksharesDowngradeHold
5/3/2022National Bank FinancialDowngradeOutperfrom Under Weight ➝ Sector Perform Under Weight
1/4/2022Royal Bank of CanadaReiterated RatingOutperformC$18.00
12/16/2021Raymond JamesReiterated RatingBuyC$26.00
12/16/2021JPMorgan Chase & Co.Lower TargetC$21.00 ➝ C$20.00
12/16/2021Peters & CoReiterated RatingSector Perform
12/15/2021Credit Suisse GroupReiterated RatingNeutralC$21.00
12/15/2021JPMorgan Chase & Co.Boost TargetStrong-BuyC$20.00 ➝ C$21.00
11/15/2021Royal Bank of CanadaReiterated RatingOutperform
11/12/2021Raymond JamesBoost TargetOutperformC$19.00 ➝ C$20.00
11/10/2021BMO Capital MarketsUpgradeBuyC$17.00
10/27/2021Credit Suisse GroupReiterated RatingNeutralC$16.00
10/27/2021CSFBSet TargetNeutralC$16.00
9/1/2021Credit Suisse GroupLower TargetNeutralC$16.00
9/1/2021CSFBLower TargetNeutralC$16.50 ➝ C$16.00
8/23/2021JPMorgan Chase & Co.Boost TargetStrong-BuyC$20.00 ➝ C$21.00
8/16/2021Royal Bank of CanadaReiterated RatingOutperformC$18.00
8/16/2021CIBCBoost TargetOutperformC$22.00
8/13/2021CSFBSet TargetNeutralC$16.50
6/24/2021Royal Bank of CanadaReiterated RatingOutperformC$22.00
6/22/2021Credit Suisse GroupReiterated RatingNeutralC$16.50
6/22/2021CSFBSet TargetNeutralC$16.50
6/14/2021JPMorgan Chase & Co.Lower TargetC$21.00 ➝ C$20.00
5/25/2021Credit Suisse GroupLower TargetNeutralC$16.50
4/14/2021CSFBSet TargetNeutralC$17.50
4/14/2021Credit Suisse GroupBoost TargetNeutralC$17.50
3/31/2021JPMorgan Chase & Co.Lower TargetC$22.00 ➝ C$21.00
3/30/2021JPMorgan Chase & Co.Boost TargetStrong-BuyC$21.00 ➝ C$22.00
3/15/2021Royal Bank of CanadaReiterated RatingOUTPERFORMC$18.00
3/5/2021Royal Bank of CanadaReiterated RatingOutperform
3/5/2021Raymond JamesLower TargetOutperformC$20.00 ➝ C$19.00
1/27/2021Raymond JamesBoost TargetOutperformC$20.00
12/10/2020Royal Bank of CanadaInitiated CoverageOutperform
11/16/2020National Bank FinancialBoost TargetOutperformC$15.75 ➝ C$16.50
11/13/2020Royal Bank of CanadaReiterated RatingOutperform
9/23/2020JPMorgan Chase & Co.Lower TargetC$21.00 ➝ C$20.00
8/17/2020Royal Bank of CanadaSet TargetOutperformC$15.00
3/24/2020National Bank FinancialUpgradeSector Perform Under Weight ➝ Outperfrom Under Weight
3/13/2020National Bank FinancialUpgradeSector Perform ➝ OutperformC$15.50 ➝ C$14.00
2/28/2020BMO Capital MarketsBoost TargetOutperformC$15.00 ➝ C$16.00
2/28/2020Raymond JamesBoost TargetStrong-BuyC$17.00 ➝ C$19.00
10/21/2019National Bank FinancialBoost TargetC$13.50 ➝ C$14.00
9/9/2019National Bank FinancialBoost TargetSector PerformC$13.00 ➝ C$13.50
7/10/2019National Bank FinancialBoost TargetSector PerformC$12.50 ➝ C$13.00
6/5/2019BMO Capital MarketsSet TargetOutperformC$13.00
5/10/2019Raymond JamesReiterated RatingStrong-BuyC$13.00
3/4/2019JPMorgan Chase & Co.Boost TargetC$13.00 ➝ C$14.00
2/19/2019National Bank FinancialBoost TargetSector PerformC$11.00 ➝ C$11.50
12/5/2018BMO Capital MarketsReiterated RatingOutperformC$12.50
11/8/2018National Bank FinancialDowngradeOutperform Overweight ➝ Sector Perform Overweight
(Data available from 10/3/2018 forward)

News Sentiment Rating

0.56 (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
  • 1 very positive mentions
  • 4 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
3/7/2023
  • 5 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/6/2023
  • 2 very positive mentions
  • 23 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
5/6/2023
  • 5 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/5/2023
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/5/2023
  • 2 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/4/2023
  • 6 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
9/3/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/3/2023

Current Sentiment

  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Algonquin Power & Utilities logo
Algonquin Power & Utilities Corp., a renewable energy and utility company, that provides energy and water solutions and services in North America and internationally. The company operates through two segments, Regulated Services Group and Renewable Energy Group. The Regulated Services Group segment provides a portfolio of rate-regulated water, electricity, and gas utility services. It offers electricity distribution, water distribution, waste water treatment, and natural gas distribution services. The Renewable Energy Group segment generates and sells electrical energy produced by its portfolio of renewable power generation facilities primarily in the United States and Canada. It owns and operates hydroelectric, wind, solar, renewable natural gas, and thermal facilities. Algonquin Power & Utilities Corp. was incorporated in 1988 and is headquartered in Oakville, Canada.
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Today's Range

Now: C$7.51
Low: C$7.50
High: C$7.60

50 Day Range

MA: C$9.86
Low: C$7.65
High: C$10.96

52 Week Range

Now: C$7.51
Low: C$7.50
High: C$16.02

Volume

127,455 shs

Average Volume

3,431,548 shs

Market Capitalization

C$5.17 billion

P/E Ratio

N/A

Dividend Yield

6.53%

Beta

0.27

Frequently Asked Questions

What sell-side analysts currently cover shares of Algonquin Power & Utilities?

The following Wall Street analysts have issued reports on Algonquin Power & Utilities in the last year: CIBC, Desjardins, JPMorgan Chase & Co., National Bank Financial, National Bankshares, Inc., Royal Bank of Canada, and Wells Fargo & Company.
View the latest analyst ratings for AQN.

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

6 Wall Street analysts have set twelve-month price targets for Algonquin Power & Utilities in the last year. Their average twelve-month price target is C$9.13, suggesting a possible upside of 21.5%. JPMorgan Chase & Co. has the highest price target set, predicting AQN will reach C$12.00 in the next twelve months. Desjardins has the lowest price target set, forecasting a price of C$7.00 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 1 sell rating, 3 hold ratings and 2 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?

Other companies that are similar to Algonquin Power & Utilities include Northland Power, Brookfield Renewable, TransAlta Renewables, Boralex and Innergex Renewable Energy. Learn More about companies similar to Algonquin Power & Utilities.

How do I contact Algonquin Power & Utilities' investor relations team?

Algonquin Power & Utilities' physical mailing address is 354 Davis Road, OAKVILLE, ON L6J2X1, Canada. The company's listed phone number is +1-905-4654500. The official website for Algonquin Power & Utilities is algonquinpower.com. Learn More about contacing Algonquin Power & Utilities investor relations.