Buy, Sell or Hold: Algonquin Power & Utilities Corp (AQN-T)

TSE:AQN

15.86

0.27 (1.73%) 1d

Showing 1 to 15 of 427 entries

BUY

Likes the stock as it is a defensive business model. Very healthy dividend yield of ~6%. Business will do well in recession. Current share price presenting good buying opportunity. Long term will be a good investment.

electrical utilities

BUY

Big question for all utilities is what does the debt look like in the face of rising interest rates? ESG mandate toward renewables will continue to be an opportunity. Higher rates will recalculate returns and drive them higher. Outlook is good. Buy at these levels, and if it goes lower, buy more.

electrical utilities

BUY

Utilities are defensive and good to hold in a downtown. All these stocks have pulled back with the market because rates are going up. This makes it a good time to buy.

electrical utilities

TOP PICK

An ideal mix of power generation and opportunity in renewable energy . They're currently buying Kentucky Power. Shares have been rangebound $17-20 for a long time after a lot of growth, but he thinks they are consolidating and waiting for its next leg up. Meanwhile, you're paid around a 5% dividend which should grow. It's steady--it won't shoot the lights right away but will do 10-15 years later. (Analysts’ price target is $20.75)

electrical utilities

BUY

Fantastic assets that critical to economy (regulated utilities). Expecting dividend to increase. Interesting aspect of company is renewable business. Believes demand for renewables with increase.

electrical utilities

BUY

He likes the defensive names right now. Diversified footprint.

electrical utilities

BUY on WEAKNESS

Government mandated limits on rate increases, will put pressure on dividend increases (limits expansion of revenue). Nature of business is very stable and good for defensive investors. Question is how much dividend can be increased.

electrical utilities

PAST TOP PICK

(A Top Pick Jun 11/21, Down 7%) Higher interest rates will benefit the company. Believes renewables will continue to grow. Still believes in strength of company and will continue to hold.

electrical utilities

TOP PICK

70% regulated with stable defensive cashflows, 30% renewables with long-term growth prospects. She chose a defensive income stock for this market environment. Last year's acquisition has untapped earnings potential. Equity issue overhung the stock, underperformed peers FTS and EMA. Attractive yield of 4.31%. (Analysts’ price target is $20.88)

electrical utilities

STRONG BUY

Good hold for the dividend? Really likes. Attractive valuation. Dividend is very sustainable and has grown over time. Regulated, so interest-rate sensitive. You have to skew towards interest-rate sensitives that can grow. AQN fits that profile. Really good growth profile, solid management.

electrical utilities

BUY

Some avoid utilities as interest rates rise. However, Canadian utilities have done very well due to the Russian invasion. So, investors seek defence in this sector. He also likes clean energy like AQN, which he trimmed a little. Clean energy will come back this year after a strong 2020 and maybe not as strong as 2020, but still good.

electrical utilities

Unspecified

Good for income and growth with a history of dividend growth. There is a need to strengthen the grid in generation, transmission and distribution so this makes for a good opportunity for the utility companies.There is a real opportunity in utilities in renewable generators of power. An opportunity of the decade. Algonquin is a lower beta company.

electrical utilities

PARTIAL SELL

Big move recently, due to flight to defense. Still likes it and its dividend, but pricier now at 18x 2023 earnings. Growth rate has come down to 6.5%. On price to growth, there's better value elsewhere. Likes the renewable play and defensive nature. Sell calls or reduce your position. Look to add around $16.

electrical utilities

BUY

The Russian war shows us how much the west depends on oil and natural gas from Russia, which is not a good situation. Countries will be more self-sufficient in energy. This means more renewable and nuclear energy. Germany likely regrets mothballing nuclear. Renewables are a good place to be and Canadian offers some good names. AQN and most others are good. The stock hasn't been huge lately, but demand from retail and corporate investors for green energy will push shares higher. ESG is the future, says the street. People buy these companies mainly for the income. This is a solid choice. The dividend will likely rise.

electrical utilities

BUY on WEAKNESS

Half is renewable, half is regulated utility. Sees further upside. Not adding at current levels, but would on a pullback. Acquires companies that are under-earning, right-sizes them to generate more cashflow. One caveat is that they'll always be in the market for equity, so there will always be a bit of an overhang. If you don't want that, ALA is a great name. It has a utility and a mid-stream business, and its valuation is still quite compelling at current levels.

electrical utilities

Showing 1 to 15 of 427 entries

Algonquin Power & Utilities Corp(AQN-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 31

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 34

Stockchase rating for Algonquin Power & Utilities Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Algonquin Power & Utilities Corp(AQN-T) Frequently Asked Questions

What is Algonquin Power & Utilities Corp stock symbol?

Algonquin Power & Utilities Corp is a Canadian stock, trading under the symbol AQN-T on the Toronto Stock Exchange (AQN-CT). It is usually referred to as TSX:AQN or AQN-T

Is Algonquin Power & Utilities Corp a buy or a sell?

In the last year, 34 stock analysts published opinions about AQN-T. 31 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Algonquin Power & Utilities Corp.

Is Algonquin Power & Utilities Corp a good investment or a top pick?

Algonquin Power & Utilities Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Algonquin Power & Utilities Corp.

Why is Algonquin Power & Utilities Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Algonquin Power & Utilities Corp worth watching?

34 stock analysts on Stockchase covered Algonquin Power & Utilities Corp In the last year. It is a trending stock that is worth watching.

What is Algonquin Power & Utilities Corp stock price?

On 2022-10-04, Algonquin Power & Utilities Corp (AQN-T) stock closed at a price of $15.86.

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