Algonquin Power & Utilities Corp T.AQN

desjardins vs scotia : 58% target difference

[marcrobert]

DJ as of feb 1 still has sell and USD 4.75; scotia as of jan 24 USD 7.50

scotia just raised difference in target 58% higher than desjardins 

Jan 24, 2024 — Scotiabank analyst Robert Hope raised the price target on Algonquin Power & Utilities Corp. (NYSE: AQN) to $7.50 (from $7.00)

note Desj is by far the lowest target and only sell rating, for whatever its worth

[BSdetector2016]

Desjardins target is probably the most accurate for this PoS.

[longkk]

I certainly would not put much emphasis on any analyst price targets for Algonquin Power at this point. A key risk is that elevated interest rates persist for an extended period. If rates remain high it reduces the market value and decreases the pool of potential buyers for those assets. Many investors factor in expectations for low cost project financing when acquiring utility scale renewable