Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s): AQN | T.AQN.PR.A | T.AQN.PR.D | AGQPF

Utilities Utilities - Diversified

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. The Company is engaged in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. The Company owns, operates, and/or has net interests in over four gigawatts (GW) of installed renewable energy capacity. The Company is focused on its expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions.

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Algonquin Power & Utilities Corp > I want the CEO fired and half the board

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Comment by Red_Deeron Jan 13, 2023 9:24pm

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Post# 35222750

RE:RE:I want the CEO fired and half the board

Hey RUSTY__You SURE that $7.00 is NOT $USD ???

As I FIND This__With a $CDN Target of $9.35

AQN 06:22 01/13/23 Algonquin Power downgraded to Sell from Hold at Desjardins Desjardins analyst Brent Stadler downgraded Algonquin Power to Sell from Hold with a C$9.35 price target.

Read more at:
https://thefly.com/n.php?id=3645009

rusty777 wrote: Hi LordV

I agree with your sentiment, however, it's not just the CEO who should go but also most, if not all, of the senior management team as well as probably MOST of the BoD.....they all had a hand in this fiasco and I am not yet convinced all the "bad news" is out...I'm still waiting for the second shoe to drop as I simply don't trust what they say anymore. I suspect a fair number of the institutions who are invested in the (its 45% institutional) will be walking as once the trust with the Management is lost - they tend to exit. I see that Desjardins just put out an announcement......so I don't think the story is over yet......

Algonquin Power & Utilities (TSE:AQN) was downgraded by analysts at Desjardins to a "sell" rating. They now have a C$7.00 price target on the stock. This represents a 21.6% downside from the current price of C$8.93.