▼ -15.34% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for Boralex Inc. (BLX.TO) in the last 3 months. The average price target is C$44.97, with a high forecast of C$55.00 and a low forecast of C$40.00. The average price target represents a -15.34% upside from the last price of C$53.12.
The current consensus among 8 polled investment analysts is to buy stock in Boralex Inc. (BLX.TO). This Buy consensus rating has held steady for over two years.
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.