BMO Capital Markets Issues Positive Forecast for Hydro One (TSE:H) Stock Price

Hydro One (TSE:H) had its price objective raised by stock analysts at BMO Capital Markets from C$55.00 to C$58.00 in a research note issued on Wednesday, BayStreet reports. The brokerage currently has a “market perform” rating on the stock. BMO Capital Markets‘s price objective points to a potential upside of 1.43% from the stock’s previous close.

A number of other research firms have also recently weighed in on H. Canadian Imperial Bank of Commerce lowered their target price on shares of Hydro One from C$59.00 to C$56.00 in a research note on Tuesday, September 22nd. Barclays cut their price target on shares of Hydro One from C$63.00 to C$61.00 in a research note on Thursday, August 13th. Desjardins set a C$61.00 price target on shares of Hydro One and gave the stock a “buy” rating in a research note on Tuesday, October 27th. Finally, Royal Bank Of Canada lifted their price objective on Hydro One from C$58.00 to C$60.00 and gave the company a “sector perform” rating in a report on Thursday, August 13th. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of C$57.83.

Hydro One Stock Performance

Hydro One stock traded down C$0.25 on Wednesday, hitting C$57.18. The company’s stock had a trading volume of 222,423 shares, compared to its average volume of 1,355,223. The firm has a market cap of C$34.31 billion, a P/E ratio of 24.23, a price-to-earnings-growth ratio of 3.17 and a beta of 0.40. The company has a quick ratio of 0.30, a current ratio of 0.88 and a debt-to-equity ratio of 154.61. The company has a fifty day moving average price of C$52.85 and a 200-day moving average price of C$56.24. Hydro One has a one year low of C$50.14 and a one year high of C$60.57.

Hydro One (TSE:H) last announced its quarterly earnings data on Tuesday, November 10th. The company reported C$0.68 earnings per share (EPS) for the quarter. The company had revenue of C$1.29 billion during the quarter. Hydro One had a net margin of 14.87% and a return on equity of 11.08%. On average, equities analysts anticipate that Hydro One will post 2.06 earnings per share for the current year.

About Hydro One

Hydro One Limited, through its wholly-owned subsidiaries, is Ontario’s largest electricity transmission and distribution provider with 1.5 million valued customers, $39.7 billion in assets as at December 31, 2025, and annual revenues in 2025 of $9 billion. Our team of 9,600 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2025, Hydro One invested $3.4 billion in its transmission and distribution networks, and supported the economy through buying $3 billion of goods and services.