Analyst Price Target is C$20.50
▲ +58.30% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Polaris Renewable Energy in the last 3 months. The average price target is C$20.50, with a high forecast of C$21.00 and a low forecast of C$20.00. The average price target represents a 58.30% upside from the last price of C$12.95.
Current Consensus is
Strong Buy
The current consensus among 2 contributing investment analysts is to buy (strong buy) stock in Polaris Renewable Energy. This rating has held steady since November 2023, when it changed from a Buy consensus rating.
Polaris Renewable Energy Inc. engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama. The company was formerly known as Polaris Infrastructure Inc. and changed its name to Polaris Renewable Energy Inc. in July 2022. Polaris Renewable Energy Inc. was incorporated in 1984 and is headquartered in Toronto, Canada.
Read More