What’s Next for Hydro One Ltd After Today’s Huge Increase?

 What's Next for Hydro One Ltd After Today's Huge Increase?

The stock of Hydro One Ltd (TSE:H) is a huge mover today! About 52,871 shares traded hands. Hydro One Ltd (TSE:H) has declined 2.05% since April 21, 2016 and is downtrending. It has underperformed by 7.46% the S&P500.
The move comes after 5 months positive chart setup for the $13.48 billion company. It was reported on Nov, 25 by Barchart.com. We have $23.92 PT which if reached, will make TSE:H worth $539.20 million more.

Hydro One Ltd (TSE:H) Ratings Coverage

Out of 3 analysts covering Hydro One Ltd (TSE:H), 0 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 0 are positive. Hydro One Ltd has been the topic of 5 analyst reports since January 25, 2016 according to StockzIntelligence Inc. As per Friday, September 23, the company rating was maintained by Scotia Capital. The firm earned “Sector Perform” rating on Monday, January 25 by National Bank Canada. The rating was maintained by Barclays Capital on Friday, June 17 with “”. The company was maintained on Thursday, November 24 by Desjardins Securities.

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: Bloomberg.com and their article: “Canada’s Hydro One Utility Raises C$1.66 Billion in IPO” published on October 29, 2015 as well as Fool.ca‘s news article titled: “Hydro One Ltd.: Get Your Growing Dividend Today” with publication date: July 13, 2016.

Hydro One Limited is an electricity transmission and distribution utility. The company has a market cap of $13.48 billion. The Firm transmits and distributes electricity across the Province of Ontario. It has a 20.08 P/E ratio. It operates through three divisions: Transmission Business, Distribution Business and Other Business.

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