Scotiabank Maintains Sector Perform on Algonquin Power, Lowers Price Target to $6.5
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Scotiabank maintains Algonquin Power (NYSE:AQN) with a Sector Perform and lowers the price target from $7.5 to $6.5.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/5/2024 | Neutral | Janney | |
| 8/12/2024 | Outperform → Mkt Perform | Raymond James | |
| 8/12/2024 | $8.50 → $6.00 | Overweight → Equal Weight | Wells Fargo |
| 3/11/2024 | Sell → Hold | Desjardins | |
| 1/8/2024 | $7.00 → $7.50 | Market Perform → Outperform | BMO Capital Markets |
| 4/18/2023 | $9.00 → $8.50 | Buy → Neutral | BofA Securities |
| 4/17/2023 | $17.00 → $10.00 | Sector Outperform → Neutral | CIBC |
| 2/16/2023 | $7.00 → $9.00 | Underperform → Buy | BofA Securities |
OAKVILLE, ON, June 4, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX:AQN) (NYSE:AQN) today held an annual meeting of common shareholders. At the meeting, each of the following nine nominees listed in the Company's management information circular dated April 18, 2024 were elected as directors of AQN pursuant to a vote by ballot: Nominee Votes For % For Votes Against % Against Melissa Stapleton Barnes 330,041,306 97.05 % 10,016,318 2.95 % Brett Carter 337,316,968 99.19 % 2,740,656 0.81 % Amee Chande 334,451,144 98.39 % 5,473,034 1.61 % Danie
Starboard Value LP (together with its affiliates, "Starboard" or "we") is the largest shareholder of Algonquin Power & Utilities Corp. (NYSE:AQN) (TSE: AQN) ("Algonquin" or the "Company") with an ownership stake of approximately 9.0%. Today, Starboard announced that it has nominated three highly qualified candidates (the "Starboard Nominees") for election to the Company's Board of Directors (the "Board") at the 2024 Annual General Meeting of Shareholders (the "Annual Meeting"), which has been scheduled for June 4, 2024. The Starboard Nominees are Brett Carter, Chris Lopez and Rob Schriesheim. In connection with its nominations, Starboard sent the below letter to the members of the Board.
Private equity veteran David Levenson joins Board of Directors OAKVILLE, ON, Feb. 2, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX:AQN) (NYSE:AQN) today announced its Board of Directors (the "Board") has appointed David Levenson, formerly Managing Partner at Brookfield Asset Management, to the Board, effective immediately. Following Mr. Levenson's appointment, the Board is comprised of nine directors, eight of whom are independent for the purposes of Canadian securities laws and New York Stock Exchange corporate governance standards. "We w
SC 13D/A - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Subject)
SC 13D/A - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Subject)
SC 13G/A - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Subject)
RBC Capital analyst Nelson Ng reiterates Algonquin Power (NYSE:AQN) with a Sector Perform and maintains $7 price target.
Wells Fargo analyst Neil Kalton maintains Algonquin Power (NYSE:AQN) with a Overweight and raises the price target from $8 to $8.5.
Algonquin Power & Utilities Corp. (TSX:AQN) (NYSE:AQN) ("AQN" or the "Company") announced today that the Board of Directors has appointed Chris Huskilson as Chief Executive Officer with immediate effect. Mr. Huskilson, who has been Interim CEO since August 2023, will continue as a member of the Board. Mr. Huskilson's CEO appointment has been made following a thorough search conducted by the Board with the support of a nationally recognized search firm.
6-K - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Filer)
6-K - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Filer)
6-K - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Filer)
Janney initiated coverage of Algonquin Power & Utilities with a rating of Neutral
Raymond James downgraded Algonquin Power & Utilities from Outperform to Mkt Perform
Wells Fargo downgraded Algonquin Power & Utilities from Overweight to Equal Weight and set a new price target of $6.00 from $8.50 previously
OAKVILLE, ON, Oct. 11, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX:AQN) (NYSE:AQN) ("AQN") today announced plans to release its third quarter 2024 financial results on Thursday, November 7, 2024, before market open. AQN will hold an earnings conference call at 10:00 a.m. eastern time on Thursday, November 7, 2024, hosted by Chief Executive Officer, Chris Huskilson, and Chief Financial Officer, Darren Myers. Conference call details are as follows: Date: Thursday, November 7, 2024 Time: 10:00 a.m. ET Conference Call: Toll Free Dial-In Number 1 (800) 715-9871 Toll
OAKVILLE, ON, Aug. 9, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX:AQN) (TSX:AQN) (TSX:AQN) (NYSE:AQN) announced today that the board of directors has declared the following common and preferred share dividends: US$0.0650 per common share, payable on October 15, 2024, to the shareholders of record on September 30, 2024, for the period from July 1, 2024 to September 30, 2024. Registered shareholders can elect to receive the dividend in Canadian dollars in the amount of C$0.0893.C$0.41100 per preferred share, Series A, payable on October 1
Continuing Ongoing Strategic Transition to a Pure-Play Regulated Utility Company to Hold Second Quarter Earnings Conference Call at 8:30 am E.T. OAKVILLE, ON, Aug. 9, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX:AQN) (NYSE:AQN) ("AQN" or the "Company") announced today financial results for the second quarter ended June 30, 2024. All amounts are shown in United States dollars ("U.S. $" or "$"), unless otherwise noted. "In the second quarter we continued to make significant progress on our path towards a pure play regulated utility, which we expect to enable us to
OAKVILLE, ON, Oct. 11, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX:AQN) (NYSE:AQN) ("AQN") today announced plans to release its third quarter 2024 financial results on Thursday, November 7, 2024, before market open. AQN will hold an earnings conference call at 10:00 a.m. eastern time on Thursday, November 7, 2024, hosted by Chief Executive Officer, Chris Huskilson, and Chief Financial Officer, Darren Myers. Conference call details are as follows: Date: Thursday, November 7, 2024 Time: 10:00 a.m. ET Conference Call: Toll Free Dial-In Number 1 (800) 715-9871 Toll
NEW YORK, Aug. 9, 2024 /PRNewswire/ -- LS Power, a leading development, investment and operating company focused on the North American power and energy infrastructure sector, today announced it has reached an agreement with Algonquin Power & Utilities Corp. (NYSE:AQN) ("AQN") to acquire its renewable energy business (the "Renewables Business"). The Renewables Business is comprised largely of wind and solar assets located throughout the United States and Canada, including 44 operating assets with more than 3,000 megawatts (MW) of generating capacity and an 8,000 MW pipeline of
NEW YORK, Aug. 9, 2024 /PRNewswire/ -- LS Power, a leading development, investment and operating company focused on the North American power and energy infrastructure sector, today announced it has reached an agreement with Algonquin Power & Utilities Corp. (NYSE:AQN) ("AQN") to acquire its renewable energy business (the "Renewables Business"). The Renewables Business is comprised largely of wind and solar assets located throughout the United States and Canada, including 44 operating assets with more than 3,000 megawatts (MW) of generating capacity and an 8,000 MW pipeline of wind, solar, battery energy storage and renewable natural gas projects in various stages of development. Approximat