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Algonquin Power & Utilities Corp has a consensus price target of $6.83 based on the ratings of 11 analysts. The high is $10.5 issued by Credit Suisse on May 30, 2023. The low is $5.25 issued by Scotiabank on November 8, 2024. The 3 most-recent analyst ratings were released by JP Morgan, Scotiabank, and CIBC on December 12, 2024, November 8, 2024, and October 22, 2024, respectively. With an average price target of $5.92 between JP Morgan, Scotiabank, and CIBC, there's an implied 30.90% upside for Algonquin Power & Utilities Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Algonquin Power (NYSE:AQN) was reported by JP Morgan on December 12, 2024. The analyst firm set a price target for $7.00 expecting AQN to rise to within 12 months (a possible 54.87% upside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Algonquin Power (NYSE:AQN) was provided by JP Morgan, and Algonquin Power their neutral rating.
The last upgrade for Algonquin Power & Utilities Corp happened on January 8, 2024 when BMO Capital raised their price target to $7.5. BMO Capital previously had a market perform for Algonquin Power & Utilities Corp.
The last downgrade for Algonquin Power & Utilities Corp happened on August 12, 2024 when Wells Fargo changed their price target from $8.5 to $6 for Algonquin Power & Utilities Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Algonquin Power, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Algonquin Power was filed on December 12, 2024 so you should expect the next rating to be made available sometime around December 12, 2025.
While ratings are subjective and will change, the latest Algonquin Power (AQN) rating was a with a price target of $0.00 to $7.00. The current price Algonquin Power (AQN) is trading at is $4.52, which is within the analyst’s predicted range.
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