Algonquin Power & Utilities - AQN Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$6.25
  • Forecasted Upside: -12.83%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 0 Buy Ratings
  • 1 Strong Buy Ratings
C$7.17
▼ -0.07 (-0.97%)

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$6.25
▼ -12.83% Downside 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$6.25, with a high forecast of C$7.00 and a low forecast of C$5.50. The average price target represents a -12.83% upside from the last price of C$7.17.

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 rating has held steady since January 2024, when it changed from a Reduce consensus rating.

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
  • 1 hold ratings
  • 1 sell ratings
4/12/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
7/11/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
10/9/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
1/7/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/6/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/5/2024
  • 1 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
9/3/2024
  • 1 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/3/2024

Latest Recommendations

  • 1 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
9/5/2024Janney Montgomery ScottUpgradeHold
8/12/2024Wells Fargo & CompanyDowngradeStrong-Buy ➝ Hold
8/12/2024Raymond JamesDowngradeModerate Buy ➝ Hold
8/12/2024National Bank FinancialUpgradeHold ➝ Strong-Buy
4/30/2024DesjardinsLower TargetHoldC$5.75 ➝ C$5.50
3/11/2024DesjardinsUpgradeSell ➝ Hold
11/13/2023Royal Bank of CanadaLower TargetSector PerformC$8.00 ➝ C$7.00
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
(Data available from 10/4/2019 forward)

News Sentiment Rating

0.58 (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
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/8/2024
  • 6 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/7/2024
  • 4 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/7/2024
  • 3 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/6/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/6/2024
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/5/2024
  • 1 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
9/4/2024
  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/4/2024

Current Sentiment

  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Algonquin Power & Utilities logo
Algonquin Power & Utilities Corp. operates in the power and utility industries in the United States, Canada, and other regions. The company operates in two segments, Regulated Services Group and Renewable Energy Group. The company primarily owns and operates a regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations. As of December 31, 2023, it provided distribution services to approximately 1,256,000 customer connections in the electric (approximately 309,000 customer connections), water and wastewater (approximately 572,000 customer connections), and natural gas sectors (approximately 375,000 customer connections). The company's electrical distribution utility systems and related transmission and generation assets are located in the states of Arkansas, California, Kansas, Missouri, Nevada, New Hampshire, and Oklahoma, and in Bermuda. Its regulated water distribution and wastewater collection utility systems are located in the states of Arizona, Arkansas, California, Illinois, Missouri, New York and Texas, and in Chile. The company's regulated natural gas distribution utility systems located in the province of New Brunswick and the states of Georgia, Illinois, Iowa, Massachusetts, Missouri, New Hampshire and New York. It also owns and operates generating assets with a gross capacity of approximately 2.0 gigawatt (GW) and has investments in generating assets with approximately 0.3 GW of net generation capacity. The company generates and sells electrical energy, capacity, ancillary products, and renewable attributes produced by its renewable and clean power generation facilities. It has economic interests in hydroelectric, wind, solar, renewable natural gas, and thermal facilities. As of December 31, 2023, it had a combined net generating capacity attributable to the Renewable Energy Group of approximately 2.7 GW. The company was incorporated in 1988 and is headquartered in Oakville, Canada.
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Today's Range

Now: C$7.17
Low: C$7.16
High: C$7.24

50 Day Range

MA: C$7.60
Low: C$7.00
High: C$8.63

52 Week Range

Now: C$7.17
Low: C$6.75
High: C$9.28

Volume

194,812 shs

Average Volume

2,756,106 shs

Market Capitalization

C$5.50 billion

P/E Ratio

32.59

Dividend Yield

4.93%

Beta

0.52

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: Desjardins, Janney Montgomery Scott, National Bank Financial, Raymond James, 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?

2 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$6.25, suggesting a possible downside of 12.8%. Royal Bank of Canada has the highest price target set, predicting AQN will reach C$7.00 in the next twelve months. Desjardins has the lowest price target set, forecasting a price of C$5.50 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 5 hold ratings and 1 strong buy rating 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?

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.