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  5. AQN: with rates coming down would one average down? [Algonquin Power & Utilities Corp.]
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Q: with rates coming down would one average down? what is latest on Co. they were trying to sell assets?
Asked by Gilles on July 26, 2024
5i Research Answer:

In May AQN announced the sale of a division, but still would consider other deals, we are sure. We think the stock is OK, and may do better as rates in Canada fall. But we would prefer PPL or ENB and would not see a big reason to add to an existing position right now.