mid-cap

One Mid- Cap  Multi utilities stock to exit – AQN

Dec 09, 2022 | Team Kalkine
One Mid- Cap  Multi utilities stock to exit – AQN

Section1: Company Overview

Algonquin Power & Utilities Corp. (TSX: AQN) is a Canada-based diversified international generation, transmission, and distribution utility 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 approximately one million customer connections in the United States and Canada.

1.1 The Key Positives, Negatives, Investment Highlights, and Risks

Section2:  Financial Highlights

 2.1 Key Financial Highlights

Section 3:  Stock Recommendation Summary

3.1 Valuation Methodology

 3.2 Price Performance and Stock Recommendation

 3.3 One-Year Technical Price Chart

One-Year Technical Price Chart (as of December 08, 2022). Source: REFINITIV, Analysis: Kalkine Group

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency as on December 08, 2022. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.


Disclaimer 

The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.