Algonquin Power & Utilities (AQN) Scheduled to Post Quarterly Earnings on Thursday

Algonquin Power & Utilities (TSE:AQN) is set to issue its quarterly earnings data after the market closes on Thursday, March 1st. Analysts expect the company to announce earnings of C$0.15 per share for the quarter.

Shares of Algonquin Power & Utilities (TSE AQN) opened at C$12.57 on Thursday. Algonquin Power & Utilities has a 52 week low of C$11.77 and a 52 week high of C$14.40. The company has a market cap of $4,870.00, a PE ratio of 25.65 and a beta of 0.27.

AQN has been the subject of several recent analyst reports. BMO Capital Markets reiterated an “outperform” rating and issued a C$16.00 price objective on shares of Algonquin Power & Utilities in a research note on Monday, November 13th. Desjardins raised their price objective on shares of Algonquin Power & Utilities from C$15.25 to C$16.00 in a research note on Monday, November 13th. CIBC raised their price objective on shares of Algonquin Power & Utilities from C$15.50 to C$16.00 in a research note on Monday, November 13th. Scotiabank reiterated an “outperform” rating and issued a C$15.50 price objective on shares of Algonquin Power & Utilities in a research note on Monday, November 13th. Finally, Royal Bank of Canada raised their price objective on shares of Algonquin Power & Utilities from C$14.00 to C$15.00 and gave the company an “outperform” rating in a research note on Monday, November 13th. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Algonquin Power & Utilities has a consensus rating of “Buy” and a consensus target price of C$15.17.

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About Algonquin Power & Utilities

Algonquin Power & Utilities Corp. (APUC) is a Canada-based company engaged in owning and operating a portfolio of regulated and non-regulated generation, distribution and transmission utility assets. APUC’s operations are organized across three business units consisting of Generation, Transmission and Distribution.

Earnings History for Algonquin Power & Utilities (TSE:AQN)

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