Hydro One Limited (OTCMKTS:HRNNF) Receives Consensus Rating of “Hold” from Analysts

Hydro One Limited (OTCMKTS:HRNNF) has earned an average recommendation of “Hold” from the six analysts that are currently covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and one has issued a buy rating on the company.

A number of research analysts recently issued reports on HRNNF shares. TD Securities reiterated a “hold” rating on shares of Hydro One in a report on Friday. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Hydro One in a research report on Friday. CIBC reaffirmed a “neutral” rating on shares of Hydro One in a research report on Tuesday, October 21st. Raymond James Financial reissued a “market perform” rating on shares of Hydro One in a research report on Thursday, August 14th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Hydro One in a research report on Friday.

Hydro One Price Performance

HRNNF stock traded up $0.13 during trading hours on Friday, reaching $38.31. 119 shares of the stock were exchanged, compared to its average volume of 28,553. The firm’s 50-day moving average is $36.25 and its 200-day moving average is $36.23. Hydro One has a 12 month low of $29.67 and a 12 month high of $38.85.

About Hydro One

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.