Hydro One (TSE:H) Stock Gets Price Target Increase from TD

Hydro One (TSE:H – Get Free Report) had its target price upped by stock analysts at TD from C$58.00 to C$59.00 in a research note issued to investors on Wednesday, BayStreet reports. The brokerage currently has a “hold” rating on the stock. TD‘s price objective indicates a potential upside of 3.18% from the stock’s previous close.

A number of other equities research analysts have also recently issued reports on the stock. Desjardins set a C$61.00 target price on shares of Hydro One and gave the company a “buy” rating in a report on Tuesday, October 27th. BMO Capital Markets raised their price target on Hydro One from C$55.00 to C$58.00 and gave the stock a “market perform” rating in a report on Wednesday. Canadian Imperial Bank of Commerce cut their price target on Hydro One from C$59.00 to C$56.00 in a report on Tuesday, September 22nd. Royal Bank Of Canada lifted their price target on Hydro One from C$58.00 to C$60.00 and gave the company a “sector perform” rating in a research report on Thursday, August 13th. Finally, Barclays decreased their price objective on Hydro One from C$63.00 to C$61.00 in a research note on Thursday, August 13th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Hydro One presently has a consensus rating of “Hold” and an average price target of C$57.83.

Check Out Our Latest Analysis on H

Hydro One Stock Performance

TSE:H traded down C$0.25 on Wednesday, reaching C$57.18. 222,423 shares of the company’s stock were exchanged, compared to its average volume of 1,355,223. The firm has a market cap of C$34.31 billion, a price-to-earnings ratio of 24.23, a P/E/G ratio of 3.17 and a beta of 0.40. The company has a debt-to-equity ratio of 154.61, a current ratio of 0.88 and a quick ratio of 0.30. The stock has a fifty day simple moving average of C$52.85 and a 200-day simple moving average of C$56.24. Hydro One has a 52 week low of C$50.14 and a 52 week high of C$60.57.

Hydro One (TSE:H – Get Free Report) last posted its quarterly earnings results on Tuesday, November 10th. The company reported C$0.68 earnings per share (EPS) for the quarter. The company had revenue of C$1.29 billion for the quarter. Hydro One had a net margin of 14.87% and a return on equity of 11.08%. As a group, sell-side analysts predict that Hydro One will post 2.06 earnings per share for the current year.

Hydro One Company Profile

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Hydro One Limited, through its wholly-owned subsidiaries, is Ontario’s largest electricity transmission and distribution provider with 1.5 million valued customers, $39.7 billion in assets as at December 31, 2025, and annual revenues in 2025 of $9 billion. Our team of 9,600 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2025, Hydro One invested $3.4 billion in its transmission and distribution networks, and supported the economy through buying $3 billion of goods and services.

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Analyst Recommendations for Hydro One (TSE:H)

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