RBC Capital Keeps Their Hold Rating on Algonquin Power & Utilities (AQN)
RBC Capital analyst Nelson Ng maintained a Hold rating on Algonquin Power & Utilities yesterday and set a price target of $6.50. The company’s shares closed yesterday at C$9.05.
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Ng covers the Utilities sector, focusing on stocks such as Northland Power, Clearway Energy, and Brookfield Renewable Partners. According to TipRanks, Ng has an average return of 8.0% and a 57.73% success rate on recommended stocks.
Algonquin Power & Utilities has an analyst consensus of Moderate Buy, with a price target consensus of $6.75.
AQN market cap is currently C$6.96B and has a P/E ratio of -165.45.
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