Analyst Price Target is C$43.38
▲ +44.49% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Boralex in the last 3 months. The average price target is C$43.38, with a high forecast of C$47.00 and a low forecast of C$38.00. The average price target represents a 44.49% upside from the last price of C$30.02.
Current Consensus is
Buy
The current consensus among 7 polled investment analysts is to buy stock in Boralex. This rating has held steady since November 2023, when it changed from a Moderate Buy consensus rating.
Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities in Canada, France, the United States, and the United Kingdom. It generates electricity from wind, solar, and hydroelectric resources. As of December 31, 2023, the company operates 100 wind farms; 12 solar energy facilities; 15 hydroelectric power stations; and 2 storage units with an installed capacity of 1,819 megawatts (MW) in North America and 1,259 MW in Europe. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada.
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