Hydro One Ltd’s Stock Is Sell After Today’s Huge Decline

 Hydro One Ltd's Stock Is Sell After Today's Huge Decline

The stock of Hydro One Ltd (TSE:H) is a huge mover today! About 171,936 shares traded hands. Hydro One Ltd (TSE:H) has declined 0.90% since April 20, 2016 and is downtrending. It has underperformed by 6.31% the S&P500.
The move comes after 5 months negative chart setup for the $13.58 billion company. It was reported on Nov, 24 by Barchart.com. We have $21.09 PT which if reached, will make TSE:H worth $1.09B less.

Hydro One Ltd (TSE:H) Ratings Coverage

Out of 2 analysts covering Hydro One Ltd (TSE:H), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. $27 is the highest target while $25 is the lowest. The $25.83 average target is 12.70% above today’s ($22.92) stock price. Hydro One Ltd has been the topic of 4 analyst reports since January 25, 2016 according to StockzIntelligence Inc. The firm has “” rating by Barclays Capital given on Friday, June 17. The stock has “Sector Perform” rating given by Scotia Capital on Friday, September 23. National Bank Canada downgraded Hydro One Ltd (TSE:H) on Monday, January 25 to “Sector Perform” rating.

More notable recent Hydro One Ltd (TSE:H) news were published by: Business.Financialpost.com which released: “Hydro One Ltd makes its debut on the Toronto Stock Exchange in biggest IPO in …” on November 05, 2015, also Marketwatch.com with their article: “Hydro One Ltd.” published on December 21, 2015, Fool.ca published: “Get Big Renewable Energy Dividends With Hydro One Ltd.” on September 22, 2016. More interesting news about Hydro One Ltd (TSE:H) were released by: Fool.ca and their article: “Hydro One Ltd.: Get Your Growing Dividend Today” published on July 13, 2016 as well as Fool.ca‘s news article titled: “Hydro One Ltd. Sticks by its Growing Dividend” with publication date: May 06, 2016.

Hydro One Limited is an electricity transmission and distribution utility. The company has a market cap of $13.58 billion. The Firm transmits and distributes electricity across the Province of Ontario. It has a 20.02 P/E ratio. It operates through three divisions: Transmission Business, Distribution Business and Other Business.

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