Algonquin Power & Utilities Corp T.AQN.PR.A

Primary Symbol: T.AQN Alternate Symbol(s): AQN | 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 > RBC -Reduces PT to $8.00 from $9.00 (USD)

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Comment by bmbruceon Sep 14, 2023 5:55pm

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Post# 35637173

RE:RBC -Reduces PT to $8.00 from $9.00 (USD)

their current price target is $8 (USD)…. they feel that In an upside scenario, the value could reach $10, assuming reduced interest rates in 2024 (which, imo, would require a sharp drop in the CPI over the next 3 quarters) and premium valuations for divestments… conversely, in a downside scenario they predict a value of $6, assuming discounted divestments and limited share buybacks, which may result in another dividend cut...

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