CIBC Remains a Hold on Algonquin Power & Utilities (AQN)

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CIBC analyst Mark Jarvi has maintained a Hold rating on Algonquin Power & Utilities (AQN) with a price target of $6.50. The current analyst consensus is a Moderate Buy with an average price target of $6.81. Jarvi has a 13.6% average return and a 69.88% success rate on his stock recommendations, covering the Utilities sector.

In a report released today, Mark Jarvi from CIBC maintained a Hold rating on Algonquin Power & Utilities, with a price target of $6.50.

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Jarvi covers the Utilities sector, focusing on stocks such as TransAlta, Brookfield Renewable Partners, and ATCO Ltd Cl I NV. According to TipRanks, Jarvi has an average return of 13.6% and a 69.88% success rate on recommended stocks.

Currently, the analyst consensus on Algonquin Power & Utilities is a Moderate Buy with an average price target of $6.81.

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