OTCMKTS:BRLXF - Boralex Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $45.85
  • Forecasted Upside: 4.92 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 4 Buy Ratings
  • 1 Strong Buy Ratings
$43.70
+0.30 (1.20%)
1 month | 3 months | 12 months
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Analyst Price Target for BRLXF

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$45.85
▲ +4.92% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Boralex in the last 3 months. The average price target is $45.85, with a high forecast of $55.00 and a low forecast of $41.00. The average price target represents a 4.92% upside from the last price of $43.70.
Buy
The current consensus among 8 polled investment analysts is to buy stock in Boralex. This rating has held steady since July 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/24/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/22/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/20/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/19/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/18/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/16/2020
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/15/2020
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/14/2021

Latest Recommendations

  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
1/13/2021CIBCBoost Price TargetNeutral$43.00 ➝ $55.00
i
12/1/2020Credit Suisse GroupInitiated CoverageNeutral
i
11/25/2020Royal Bank of CanadaBoost Price TargetSector Perform$40.00 ➝ $42.00
i
11/23/2020ScotiabankBoost Price TargetOutperform$44.50 ➝ $46.25
i
11/23/2020BMO Capital MarketsBoost Price TargetOutperform$39.00 ➝ $41.00
i
11/12/2020BMO Capital MarketsBoost Price TargetOutperform$35.00 ➝ $39.00
i
11/12/2020Royal Bank of CanadaBoost Price TargetSector Perform$35.00 ➝ $40.00
i
10/28/2020Raymond JamesBoost Price TargetStrong-Buy$40.00 ➝ $45.00
i
10/16/2020ScotiabankBoost Price TargetOutperform$38.75 ➝ $44.50
i
10/15/2020CIBCBoost Price TargetNeutral$36.00 ➝ $43.00
i
8/31/2020TD SecuritiesInitiated CoverageBuy
i
8/31/2020National Bank FinancialInitiated CoverageOutperform
i
8/11/2020ScotiabankBoost Price TargetOutperform$35.50 ➝ $39.00
i
8/10/2020CIBCBoost Price TargetNeutral$35.00 ➝ $36.00
i
8/10/2020BMO Capital MarketsBoost Price TargetOutperform$32.00 ➝ $35.00
i
8/10/2020Royal Bank of CanadaBoost Price TargetSector Perform$33.00 ➝ $35.00
i
7/22/2020National Bank FinancialDowngradeOutperform ➝ Sector Perform
i
7/21/2020CIBCBoost Price TargetNeutral$30.00 ➝ $35.00
i
7/15/2020ScotiabankBoost Price TargetOutperform$33.00 ➝ $35.50
i
5/7/2020Royal Bank of CanadaBoost Price TargetSector Perform$28.00 ➝ $33.00
i
3/20/2020CIBCDowngradeOutperform ➝ Neutral
i
(Data available from 1/15/2016 forward)
Boralex logo
Boralex Inc., together with its subsidiaries, develops, constructs, and operates renewable energy power facilities primarily in Canada, France, the United Kingdom, and the United States. As of December 31, 2019, the company had interests in 85 wind power stations with an installed capacity of 1,795 megawatts (MW); 16 hydroelectric power stations with a capacity of 182 MW; two thermal power stations with an installed capacity of 47 MW; and three solar power stations with an installed capacity of 16 MW. It also operates two hydroelectric power stations on behalf of R.S.P. Ãnergie Inc. Boralex Inc. was founded in 1982 and is headquartered in Kingsey Falls, Canada.
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Today's Range

Now: $43.70
$43.70
$43.70

50 Day Range

MA: $34.49
$29.75
$43.56

52 Week Range

Now: $43.70
$13.58
$44.17

Volume

1,188 shs

Average Volume

1,852 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Boralex?

The following Wall Street research analysts have issued reports on Boralex in the last twelve months: BMO Capital Markets, CIBC, Credit Suisse Group AG, National Bank Financial, Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities.

What is the current price target for Boralex?

5 Wall Street analysts have set twelve-month price targets for Boralex in the last year. Their average twelve-month price target is $45.85, suggesting a possible upside of 4.9%. CIBC has the highest price target set, predicting BRLXF will reach $55.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of $41.00 for Boralex in the next year.

What is the current consensus analyst rating for Boralex?

Boralex currently has 3 hold ratings, 4 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe BRLXF will outperform the market and that investors should add to their positions of Boralex.

What other companies compete with Boralex?

How do I contact Boralex's investor relations team?

The company's listed phone number is 819-363-6363. The official website for Boralex is www.boralex.com.