$6.14
-0.05[-0.81%]
At close: Apr 25
$6.14
0[0.00%]
After Hours: 8:42AM EDT
Algonquin Power
(NYSE:AQN)Algonquin Power Stock (NYSE:AQN), Analyst Ratings, Price Targets, Predictions
Algonquin Power & Utilities Corp has a consensus price target of $8.18, established from looking at the 33 latest analyst ratings. The last 3 analyst ratings were released from Scotiabank, TD Securities, and BMO Capital on April 22, 2024, March 11, 2024, and January 8, 2024. With an average price target of $6.83 between Scotiabank, TD Securities, and BMO Capital, there's an implied 11.29% upside for Algonquin Power & Utilities Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Scotiabank
TD Securities
BMO Capital
RBC Capital
Credit Suisse
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Algonquin Power
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/22/2024 | AQN | Buy Now | Algonquin Power | $6.14 | 5.86% | Scotiabank | — | $7.5 → $6.5 | Maintains | Sector Perform | Get Alert |
| 03/11/2024 | AQN | Buy Now | Algonquin Power | $6.14 | 5.86% | TD Securities | Sean Steuart | $6 → $6.5 | Maintains | Hold | Get Alert |
| 01/08/2024 | AQN | Buy Now | Algonquin Power | $6.14 | 22.15% | BMO Capital | Ben Pham | $7 → $7.5 | Upgrade | Market Perform → Outperform | Get Alert |
| 10/10/2023 | AQN | Buy Now | Algonquin Power | $6.14 | 30.29% | RBC Capital | Nelson Ng | → $8 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 09/14/2023 | AQN | Buy Now | Algonquin Power | $6.14 | 30.29% | RBC Capital | Nelson Ng | $9 → $8 | Maintains | Sector Perform | Get Alert |
| 08/11/2023 | AQN | Buy Now | Algonquin Power | $6.14 | 38.44% | BMO Capital | Ben Pham | $9 → $8.5 | Maintains | Market Perform | Get Alert |
| 05/30/2023 | AQN | Buy Now | Algonquin Power | $6.14 | 71.01% | Credit Suisse | Andrew Kuske | → $10.5 | Reiterates | Outperform → Outperform | Get Alert |
| 05/12/2023 | AQN | Buy Now | Algonquin Power | $6.14 | 62.87% | Wells Fargo | Neil Kalton | $9.5 → $10 | Maintains | Overweight | Get Alert |
| 04/18/2023 | AQN | Buy Now | Algonquin Power | $6.14 | — | CIBC | Mark Jarvi | — | Downgrade | Outperformer → Neutral | Get Alert |
| 04/18/2023 | AQN | Buy Now | Algonquin Power | $6.14 | 38.44% | B of A Securities | Dariusz Lozny | → $8.5 | Downgrade | Buy → Neutral | Get Alert |
| 04/12/2023 | AQN | Buy Now | Algonquin Power | $6.14 | 46.58% | RBC Capital | Nelson Ng | $8 → $9 | Maintains | Sector Perform | Get Alert |
| 03/24/2023 | AQN | Buy Now | Algonquin Power | $6.14 | 71.01% | Credit Suisse | Andrew Kuske | → $10.5 | Reiterates | → Outperform | Get Alert |
| 03/20/2023 | AQN | Buy Now | Algonquin Power | $6.14 | 30.29% | RBC Capital | Nelson Ng | → $8 | Reiterates | → Sector Perform | Get Alert |
| 03/20/2023 | AQN | Buy Now | Algonquin Power | $6.14 | 54.72% | Wells Fargo | Neil Kalton | $9 → $9.5 | Maintains | Overweight | Get Alert |
| 02/16/2023 | AQN | Buy Now | Algonquin Power | $6.14 | 46.58% | B of A Securities | Dariusz Lozny | $7 → $9 | Upgrade | Underperform → Buy | Get Alert |
| 01/13/2023 | AQN | Buy Now | Algonquin Power | $6.14 | 22.15% | BMO Capital | Ben Pham | $7 → $7.5 | Maintains | Market Perform | Get Alert |
| 01/13/2023 | AQN | Buy Now | Algonquin Power | $6.14 | — | Desjardins | Brent Stadler | — | Downgrade | Hold → Sell | Get Alert |
| 01/13/2023 | AQN | Buy Now | Algonquin Power | $6.14 | 71.01% | Credit Suisse | Andrew Kuske | $11 → $10.5 | Maintains | Outperform | Get Alert |
| 01/05/2023 | AQN | Buy Now | Algonquin Power | $6.14 | 46.58% | Wells Fargo | Neil Kalton | → $9 | Upgrade | Equal-Weight → Overweight | Get Alert |
FAQ
What is the target price for Algonquin Power (AQN)?
The latest price target for Algonquin Power (NYSE: AQN) was reported by Scotiabank on April 22, 2024. The analyst firm set a price target for $6.50 expecting AQN to rise to within 12 months (a possible 5.86% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Algonquin Power (AQN)?
The latest analyst rating for Algonquin Power (NYSE: AQN) was provided by Scotiabank, and Algonquin Power maintained their sector perform rating.
When was the last upgrade for Algonquin Power (AQN)?
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.
When was the last downgrade for Algonquin Power (AQN)?
The last downgrade for Algonquin Power & Utilities Corp happened on April 18, 2023 when CIBC changed their price target from N/A to N/A for Algonquin Power & Utilities Corp.
When is the next analyst rating going to be posted or updated for Algonquin Power (AQN)?
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 April 22, 2024 so you should expect the next rating to be made available sometime around April 22, 2025.
Is the Analyst Rating Algonquin Power (AQN) correct?
While ratings are subjective and will change, the latest Algonquin Power (AQN) rating was a maintained with a price target of $7.50 to $6.50. The current price Algonquin Power (AQN) is trading at is $6.14, which is out of the analyst’s predicted range.
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