Report
EUR 13.72 For Business Accounts Only

HYDRO ONE reduced its risk exposure resulting in an upgrade to Positive

HYDRO ONE (CA), a company active in the Conventional Electricity industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 4 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Positive. As of the analysis date March 23, 2021, the closing price was CAD 29.56 and its potential was estimated at CAD 31.31.
Underlying
Hydro One Limited

Hydro One is engaged in in the transmission and distribution of electricity. Through its subsidiary, Hydro One Inc., Co. owns and operates substantially all of Ontario's electricity transmission network, and the electricity distributor in Ontario. Co. has three business segments: transmission business; distribution business; and other business consisting of the Co.'s telecommunications business.

Provider
TheScreener
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