National Bankshares Boosts Hydro One (TSE:H) Price Target to C$45.00

Hydro One (TSE:H) had its price target hoisted by equities research analysts at National Bankshares from C$40.00 to C$45.00 in a report released on Friday, BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bankshares’ price target points to a potential upside of 0.40% from the company’s previous close.

H has been the topic of a number of other research reports. CIBC increased their price target on Hydro One from C$41.00 to C$44.00 in a research report on Thursday, August 15th. Wells Fargo & Company boosted their target price on Hydro One from C$42.00 to C$46.00 in a report on Monday. Finally, BMO Capital Markets downgraded Hydro One from an “outperform” rating to a “market perform” rating in a report on Thursday, August 15th. Eight equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of C$42.00.

Hydro One Stock Up 0.0 %

Shares of TSE H traded up C$0.02 during mid-day trading on Friday, reaching C$44.82. 113,795 shares of the company were exchanged, compared to its average volume of 959,492. The company has a quick ratio of 0.30, a current ratio of 0.40 and a debt-to-equity ratio of 137.11. The stock has a market cap of C$26.87 billion, a price-to-earnings ratio of 23.96, a P/E/G ratio of 3.14 and a beta of 0.34. Hydro One has a 1 year low of C$32.79 and a 1 year high of C$45.05. The firm has a 50-day moving average of C$41.51 and a 200 day moving average of C$40.42.

Hydro One Company Profile

Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other. It owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines.