How Analysts Feel About Innergex Renewable Energy Inc After Today’s Huge Increase?


 How Analysts Feel About Innergex Renewable Energy Inc After Today's Huge Increase?

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 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: which released: “3 Reasons to Like Innergex Renewable Energy Inc.” on September 28, 2016, also with their article: “Buy Innergex Renewable Energy Inc. and Watch Your Portfolio Grow” published on May 17, 2016, 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: and their article: “TransAlta Corporation vs. Innergex Renewable Energy Inc.: Which Should You Buy?” published on July 31, 2014 as well as‘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.

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