Hydro One (H) Stock Forecast & Price Target

C$44.53 -0.71 (-1.57%)

As of 02/4/2025 04:00 PM Eastern

Hydro One - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 8 Analyst Ratings

Sell
0

Hold
8

Buy
0

Based on 8 Wall Street analysts who have issued ratings for Hydro One in the last 12 months, the stock has a consensus rating of "Hold." Out of the 8 analysts, 8 have given a hold rating for H.

Consensus Price Target

C$43.25
-2.87% Downside

According to the 8 analysts' twelve-month price targets for Hydro One, the average price target is C$43.25. The highest price target for H is C$46.00, while the lowest price target for H is C$38.00. The average price target represents a forecasted downside of -2.87% from the current price of C$44.53.

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H Analyst Ratings Over Time

Type	Current Forecast 2/6/24 to 2/5/25	1 Month Ago 1/7/24 to 1/6/25	3 Months Ago 11/8/23 to 11/7/24	1 Year Ago 2/6/23 to 2/6/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$43.25	C$43.00	C$43.00	C$38.83
Forecasted Upside	-2.87% Downside	-2.91% Downside	-3.28% Downside	-2.99% Downside
Consensus Rating	Hold	Hold	Hold	Hold

H Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

H Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Hydro One Stock vs. The Competition

Type	Hydro One	Utilities Companies
Consensus Rating Score	2.00	2.53
Consensus Rating	Hold	Moderate Buy
News Sentiment Rating	Positive News See Recent H News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/8/2025	CIBC 3 of 5 stars		Boost Target	Neutral	C$45.00 ➝ C$46.00	+4.50%
10/3/2024	Royal Bank of Canada 4 of 5 stars		Boost Target	Sector Perform	C$41.00 ➝ C$43.00	-5.14%
9/19/2024	Raymond James 4 of 5 stars		Boost Target		C$41.00 ➝ C$45.00	-2.68%
9/5/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Pham Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$42.00 ➝ C$44.00	-5.05%
8/23/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	C$40.00 ➝ C$45.00	+0.42%
8/19/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$42.00 ➝ C$46.00	+3.30%
4/22/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform	C$40.00 ➝ C$38.00	-0.11%
2/14/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	C$37.00 ➝ C$39.00	-2.11%
8/17/2023	Laurentian Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Hold	C$38.00	+3.77%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 02:40 AM ET.

Should I Buy Hydro One Stock? H Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, January 29, 2025. Please send any questions or comments about these Hydro One pros and cons to contact@marketbeat.com.

Hydro One
Bull Case

Here are some ways that investors could benefit from investing in Hydro One Limited:

The current stock price is C$44.27, which is close to the recently raised target price of C$46.00 by CIBC, indicating potential for growth.
Hydro One Limited has a strong market capitalization of C$26.49 billion, suggesting stability and a solid position in the market.
The company recently announced a quarterly dividend of $0.314, translating to an annualized yield of 2.84%, which can provide a steady income stream for investors.
Research analysts have a consensus rating of "Hold" for Hydro One Limited, with multiple firms raising their price targets, reflecting positive sentiment about the company's future performance.
Insider buying activity, such as the recent purchase of 700 shares by Director Stacey Mowbray, indicates confidence from those within the company regarding its future prospects.

Hydro One
Bear Case

Investors should be bearish about investing in Hydro One Limited for these reasons:

The stock has recently crossed below its fifty-day moving average, which can be a bearish signal indicating potential downward momentum.
Hydro One Limited has a relatively high debt-to-equity ratio of 137.11, suggesting that the company relies heavily on debt financing, which can pose risks in economic downturns.
The company's current ratio of 0.40 indicates potential liquidity issues, as it may struggle to cover short-term liabilities with its current assets.
Despite recent price target increases, the average target price remains at C$43.25, which is below the current trading price, indicating limited upside potential.
The price-to-earnings (P/E) ratio of 23.63 suggests that the stock may be overvalued compared to its earnings, which could deter value-focused investors.

H Forecast - Frequently Asked Questions

: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Hydro One is C$43.25, with a high forecast of C$46.00 and a low forecast of C$38.00.
: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hydro One in the last twelve months. There are currently 8 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" H shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in H, but not buy additional shares or sell existing shares.
: According to analysts, Hydro One's stock has a predicted downside of -2.87% based on their 12-month stock forecasts.
: Hydro One has been rated by research analysts at CIBC in the past 90 days.
: Analysts like Hydro One less than other "utilities" companies. The consensus rating for Hydro One is Hold while the average consensus rating for "utilities" companies is Moderate Buy. Learn more on how H compares to other companies.

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This page (TSE:H) was last updated on 2/5/2025 by MarketBeat.com Staff

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Hydro One (H) Stock Forecast & Price Target