BMO Capital Remains a Hold on Hydro One (H)

By Austin Angelo

In a new note to investors today, an analyst has provided a rating update for the Utilities sector company, Hydro One (HResearch Report). Analyst Benjamin Pham from BMO Capital reiterated a Hold rating, with a C$25 price target.

According to TipRanks.com, Pham is a 5-star analyst with an average return of 11.3% and a 81.6% success rate. Pham covers the Utilities sector, focusing on stocks such as Brookfield Renewable Partners L.P., Northland Power Inc, and TerraForm Power.

Hydro One has an analyst consensus of Hold, with a price target consensus of C$25.

The company has a one-year high of C$24.95 and a one-year low of C$18.95. Currently, Hydro One has an average volume of 662.1K.

Hydro One Ltd. engages in the transmission and distribution of electricity. The company was founded on August 31, 2015 and is headquartered in Toronto, Canada.

The company’s shares closed last Monday at C$24.41, close to its 52-week high of C$24.95.