RBC Capital Reaffirms Their Hold Rating on Algonquin Power & Utilities (AQN)
RBC Capital analyst Nelson Ng maintained a Hold rating on Algonquin Power & Utilities today and set a price target of $6.50.
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According to TipRanks, Ng is a 4-star analyst with an average return of 8.8% and a 58.01% success rate. Ng covers the Utilities sector, focusing on stocks such as Clearway Energy, XPLR Infrastructure, and Brookfield Renewable Partners.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Algonquin Power & Utilities with a $7.09 average price target.
The company has a one-year high of C$9.69 and a one-year low of C$6.31. Currently, Algonquin Power & Utilities has an average volume of 2.63M.
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