The stock of Boralex Inc. (TSE:BLX) is a huge mover today! About 169,988 shares traded hands or 83.98% up from the average. Boralex Inc. (TSE:BLX) has risen 20.17% since March 28, 2016 and is uptrending. It has outperformed by 17.16% the S&P500.
The move comes after 8 months negative chart setup for the $1.26 billion company. It was reported on Nov, 1 by Barchart.com. We have $17.58 PT which if reached, will make TSE:BLX worth $100.80 million less.
Boralex Inc. (TSE:BLX) Ratings Coverage
Out of 5 analysts covering Boralex Inc. (TSE:BLX), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. $23.25 is the highest target while $18 is the lowest. The $20.65 average target is 8.06% above today’s ($19.11) stock price. Boralex Inc. has been the topic of 8 analyst reports since August 6, 2015 according to StockzIntelligence Inc.
More news for Boralex Inc. (TSE:BLX) were recently published by: Seekingalpha.com, which released: “Boralex- Blowing Off In The Wind” on April 15, 2016. Prnewswire.com‘s article titled: “Boralex closes financing of â‚¬100 million in France” and published on October 25, 2016 is yet another important article.
Boralex Inc. is a power producer that develops, constructs and operates renewable energy power stations. The company has a market cap of $1.26 billion. The Company’s divisions include wind, hydroelectric, thermal and solar. It currently has negative earnings. It operates an asset base with a capacity of approximately 1,260 megawatts , of which over 1,090 MW are under its control, consisting of approximately 490 MW in Canada, over 520 MW in France and over 80 MW in the Northeastern United States.
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.