Desjardins sets CAD 61.00 target for Hydro One stock
Published on 10/27/2026 at 21:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings date
- Desjardins set a CAD 61.00 Hydro One target on October 27, 2026.
- Second-quarter 2026 revenue reached CAD 2.30 billion and net profit was CAD 370.00 million.
- Hydro One stock traded at EUR 34.89 at Lang & Schwarz on October 27, 2026 at 9:00 p.m. CET, with a CAD 50.14 to CAD 60.57 52-week range.
- Hydro One is scheduled to report third-quarter 2026 results on November 10, 2026.
Hydro One (ISIN CA4488112083) received a fresh CAD 61.00 price target from Desjardins on October 27, 2026, while the Canadian utility's shares were last quoted at CAD 54.56 on the TSX. At Lang & Schwarz, Hydro One was trading at EUR 34.89 on October 27, 2026 at 9:00 p.m. CET.
Desjardins sets a CAD 61 target
According to MarketBeat, Desjardins assigned Hydro One a buy rating and a CAD 61.00 target in a research note dated October 27, 2026. Against the TSX price of CAD 54.56, that target is 11.80 percent above the latest quoted level. The same report listed a Hold consensus, with seven Hold ratings, two Buy ratings and one Sell rating.
Second-quarter profit rose to CAD 370 million
Hydro One's second-quarter 2026 revenue was CAD 2.30 billion and net profit reached CAD 370.00 million. Markets Insider reported that the comparable prior-year figures were CAD 2.07 billion of revenue and CAD 327.00 million of net profit, putting the year-over-year increases at 11.11 percent and 13.15 percent.
Stock sits below the yearly high
On the TSX, Hydro One last traded at CAD 54.56 on October 27, 2026 at 4:00 p.m. ET. Its 52-week range was CAD 50.14 to CAD 60.57, leaving the share 9.92 percent below the high and 8.82 percent above the low. Market capitalization stood at CAD 32.7 billion, while trading volume reached 1,252,538 shares.
November 10 brings the next report
Hydro One is scheduled to publish third-quarter 2026 results on November 10, 2026, according to Yahoo Finance. The company describes itself as a regulated electric utility focused on transmission and distribution in Ontario on its Hydro One investor-relations page.
Comparison with peers
Hydro One (TSX, CAD): up 0.24 percent, P/E 23.12, market capitalization CAD 32.7 billion.
BCE (TSX, CAD): down 0.70 percent, P/E 4.18, market capitalization CAD 26.3 billion.
Emera (TSX, CAD): up 0.50 percent, P/E 21.76, market capitalization CAD 21.2 billion.
Hydro One price and next date
For investors, the latest analyst target and the November reporting date provide the clearest near-term reference points. The company enters that date with second-quarter revenue of CAD 2.30 billion and a CAD 61.00 Desjardins target.
Hydro One was trading at EUR 34.89 at Lang & Schwarz on October 27, 2026 at 9:00 p.m. CET.
The further course of trading is shown by the continuously updated real-time quote of Hydro One stock.
Hydro One stock facts
- Company: Hydro One Limited
- ISIN: CA4488112083
- Ticker: H
- Primary exchange: Toronto Stock Exchange
- Price Lang & Schwarz (as of October 27, 2026, 9:00 p.m. CET): EUR 34.89
- Market capitalization: CAD 32.7 billion (as of October 27, 2026)
- 52-week range: CAD 50.14-60.57 (as of October 27, 2026)
- Sector / Industry: Utilities / Regulated Electric
- Next earnings date: November 10, 2026
Market context: Market report S&P/TSX Composite.
