WallStreetZenWallStreetZen

NYSE: AQN
Algonquin Power & Utilities Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for AQN

Based on 5 analysts offering 12 month price targets for Algonquin Power & Utilities Corp.
Min Forecast
$7.50-12.08%
Avg Forecast
$9.10+6.68%
Max Forecast
$10.50+23.09%

Should I buy or sell AQN stock?

Based on 5 analysts offering ratings for Algonquin Power & Utilities Corp.
Buy
Strong Buy
1 analysts 20%
Buy
1 analysts 20%
Hold
3 analysts 60%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their AQN stock forecasts and price targets.

AQN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Credit Suisse
Bottom 16%
16
BuyReiterates$10.50+23.09%2023-05-30
Wells Fargo
Top 11%
90
Strong BuyMaintains$10.00+17.23%2023-05-12Find out why
Bank of America
Top 42%
59
HoldDowngrades$8.50-0.35%2023-04-18
RBC Capital
Bottom 30%
30
HoldMaintains$9.00+5.51%2023-04-12
BMO Capital
Top 41%
60
HoldMaintains$7.50-12.08%2023-01-13

1 of 1

Forecast return on equity

Is AQN forecast to generate an efficient return?
Company
10.81%
Industry
9.76%
Market
14%
AQN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is AQN forecast to generate an efficient return on assets?
Company
3.3%
Industry
2.32%
AQN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

AQN revenue growth forecast

How is AQN forecast to perform vs Utilities - Renewable companies and vs the US market?
Company
7.45%
Industry
-7.35%
Market
16.77%
AQN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
AQN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

AQN vs Renewable Energy Stocks

TickerPricePrice TargetUp/downsideConsensus
AQN$8.53$9.10+6.68%Buy
CWEN$29.87$40.00+33.91%Buy
BEPC$35.06$39.00+11.24%Strong Buy
NEP$62.47$77.50+24.06%Buy
ORA$85.96$94.00+9.35%Buy
View Top Renewable Energy Stocks

Algonquin Power & Utilities Stock Forecast FAQ

Is Algonquin Power & Utilities Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NYSE: AQN) stock is to Buy AQN stock.

Out of 5 analysts, 1 (20%) are recommending AQN as a Strong Buy, 1 (20%) are recommending AQN as a Buy, 3 (60%) are recommending AQN as a Hold, 0 (0%) are recommending AQN as a Sell, and 0 (0%) are recommending AQN as a Strong Sell.

If you're new to stock investing, here's how to buy Algonquin Power & Utilities stock.

What is AQN's forecast return on equity (ROE) for 2023-2024?

(NYSE: AQN) forecast ROE is 10.81%, which is considered weak.

What is AQN's Price Target?

According to 5 Wall Street analysts that have issued a 1 year AQN price target, the average AQN price target is $9.10, with the highest AQN stock price forecast at $10.50 and the lowest AQN stock price forecast at $7.50.

On average, Wall Street analysts predict that Algonquin Power & Utilities's share price could reach $9.10 by May 30, 2024. The average Algonquin Power & Utilities stock price prediction forecasts a potential upside of 6.68% from the current AQN share price of $8.53.

What is AQN's forecast return on assets (ROA) for 2023-2024?

(NYSE: AQN) forecast ROA is 3.3%, which is higher than the forecast US Utilities - Renewable industry average of 2.32%.
©2023 WallStreetZen
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTube
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.