The stock of Innergex Renewable Energy Inc (TSE:INE) is a huge mover today! About 116,971 shares traded hands or 8.87% up from the average. Innergex Renewable Energy Inc (TSE:INE) has risen 4.70% since April 5, 2016 and is uptrending. It has underperformed by 0.08% the S&P500.
The move comes after 9 months negative chart setup for the $1.52B company. It was reported on Nov, 9 by Barchart.com. We have $13.40 PT which if reached, will make TSE:INE worth $76.00 million less.
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 8.50% above today’s ($14.11) stock price. Innergex Renewable Energy has been the topic of 4 analyst reports since May 11, 2016 according to StockzIntelligence Inc.
More important recent Innergex Renewable Energy Inc (TSE:INE) news were published by: Theglobeandmail.com which released: “The Globe and Mail” on August 17, 2009, also Fool.ca published article titled: “3 Reasons to Like Innergex Renewable Energy Inc.”, Fool.ca published: “Buy Innergex Renewable Energy Inc. and Watch Your Portfolio Grow” on May 17, 2016. More interesting news about Innergex Renewable Energy Inc (TSE:INE) was released by: Fool.ca and their article: “Innergex Renewable Energy Inc.: Big Dividends From Clean Energy” with publication date: April 18, 2016.
Innergex Renewable Energy Inc. is an independent renewable power producer. The company has a market cap of $1.52 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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