Hydro One:Stocks Analysts Recently Upgraded on TSX (H)
Hydro One Ltd is among the group of Toronto Stock Exchange stocks recently upgraded by analysts. This means each stock on this list has seen its averge consensus value move up in the last week, so at least one analyst has upgraded their view on these stocks.
This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included when its mean rating increases from the previous week. Stocks in this category are held primarily for capital appreciation.
Companies can get upgraded for a number of reasons - but primarily due to improved future earnings potential due to new contracts, new products, cost savings or restructuring.
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| WSP | WSP Global Inc | 9 | 1 | 1 | 0 | 0 | 0 | 4.7273 | 4.6667 | Buy |
| H | Hydro One Ltd | 2 | 0 | 5 | 2 | 0 | 0 | 3.2222 | 3.2 | Hold |
| AGI | Alamos Gold Inc | 6 | 1 | 1 | 0 | 0 | 0 | 4.625 | 4.4444 | Buy |
| BYD | Boyd Group Services Inc | 8 | 1 | 1 | 0 | 0 | 0 | 4.7 | 4.3636 | Buy |
| CIA | Champion Iron Ltd | 3 | 3 | 1 | 0 | 0 | 0 | 4.2857 | 4.25 | Outperform |
| EIF | Exchange Income Corp | 7 | 1 | 0 | 0 | 0 | 0 | 4.875 | 4.7778 | Buy |
| CJT | Cargojet Inc | 7 | 0 | 3 | 0 | 0 | 0 | 4.4 | 4.3636 | Outperform |
| CEU | CES Energy Solutions Corp | 7 | 0 | 1 | 0 | 0 | 0 | 4.75 | 4.7143 | Buy |
| BDT | Bird Construction Inc | 4 | 1 | 2 | 0 | 0 | 0 | 4.2857 | 4.25 | Outperform |
| ALS | Altius Minerals Corp | 3 | 2 | 1 | 0 | 0 | 0 | 4.3333 | 4.1429 | Outperform |
| GMIN | G Mining Ventures Corp | 6 | 2 | 0 | 0 | 0 | 0 | 4.75 | 4.7143 | Buy |
| WELL | WELL Health Technologies Corp | 7 | 4 | 1 | 0 | 0 | 0 | 4.5 | 4.4615 | Outperform |
| MDI | Major Drilling Group International Inc | 3 | 1 | 0 | 0 | 0 | 0 | 4.75 | 4.6 | Buy |
| CGY | Calian Group Ltd | 5 | 2 | 0 | 0 | 0 | 0 | 4.7143 | 4.625 | Buy |
| HRX | Heroux-Devtek Inc | 2 | 1 | 0 | 0 | 0 | 0 | 4.6667 | 4.5 | Buy |
| AR | Argonaut Gold Inc | 1 | 0 | 1 | 0 | 3 | 0 | 2.2 | 2 | Underperform |
| NUAG | New Pacific Metals Corp | 2 | 1 | 0 | 0 | 0 | 0 | 4.6667 | 4.5 | Buy |
| ARR | Altius Renewable Royalties Corp | 4 | 1 | 1 | 0 | 0 | 0 | 4.5 | 4.4286 | Outperform |
| PRB | Probe Gold Inc | 2 | 2 | 0 | 0 | 0 | 0 | 4.5 | 4.4 | Outperform |
| GOLD | GoldMining Inc | 2 | 0 | 0 | 0 | 0 | 0 | 5 | 4.6667 | Buy |
| VOXR | Vox Royalty Corp | 1 | 1 | 0 | 0 | 0 | 0 | 4.5 | 4.3333 | Outperform |
| STLR | STLLR Gold Inc | 2 | 1 | 0 | 0 | 0 | 0 | 4.6667 | 4.5 | Buy |
| FF | First Mining Gold Corp | 1 | 1 | 0 | 0 | 0 | 0 | 4.5 | 4.3333 | Outperform |
| TLG | Troilus Gold Corp | 1 | 1 | 0 | 0 | 0 | 0 | 4.5 | 4.3333 | Outperform |
| WM | Wallbridge Mining Co Ltd | 1 | 1 | 0 | 0 | 0 | 0 | 4.5 | 4.3333 | Outperform |
All data provided as of May 16, 2024.
More about Hydro One Ltd
Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47% common equity stake.
Hydro One Ltd is listed under H on the Toronto Stock Exchange.
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