The stock of Innergex Renewable Energy Inc (TSE:INE) is a huge mover today! About 19,942 shares traded hands. Innergex Renewable Energy Inc (TSE:INE) has risen 10.90% since March 10, 2016 and is uptrending. It has outperformed by 5.29% the S&P500.
The move comes after 8 months positive chart setup for the $1.56B company. It was reported on Oct, 17 by Barchart.com. We have $19.55 PT which if reached, will make TSE:INE worth $546.00 million more.
Innergex Renewable Energy Inc (TSE:INE) Ratings Coverage
Out of 3 analysts covering Innergex Renewable Energy (TSE:INE), 0 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 0 are positive. $16 is the highest target while $15 is the lowest. The $15.31 average target is 5.73% above today’s ($14.48) stock price. Innergex Renewable Energy has been the topic of 4 analyst reports since May 11, 2016 according to StockzIntelligence Inc.
More notable recent Innergex Renewable Energy Inc (TSE:INE) news were published by: Fool.ca which released: “3 Reasons to Like Innergex Renewable Energy Inc.” on September 28, 2016, also Fool.ca with their article: “Buy Innergex Renewable Energy Inc. and Watch Your Portfolio Grow” published on May 17, 2016, Fool.ca published: “Innergex Renewable Energy Inc.: Big Dividends From Clean Energy” on April 18, 2016. More interesting news about Innergex Renewable Energy Inc (TSE:INE) were released by: Fool.ca and their article: “TransAlta Corporation vs. Innergex Renewable Energy Inc.: Which Should You Buy?” published on July 31, 2014 as well as Business.Financialpost.com‘s news article titled: “Renewable energy company Innergex gets upgrade on growth profile” with publication date: February 03, 2016.
Innergex Renewable Energy Inc. is an independent renewable power producer. The company has a market cap of $1.56 billion. The Firm is a developer, owner and operator of renewable power-generating facilities with a focus on hydroelectric, wind power and solar photovoltaic projects. It currently has negative earnings. It operates through four divisions: hydroelectric generation, wind power generation, solar power generation and site development.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.