Shares of Boralex Inc. (TSE:BLX) reached a new 52-week high on Monday . The company traded as high as C$23.82 and last traded at C$23.37, with a volume of 109053 shares. The stock had previously closed at C$23.05.
A number of equities analysts recently issued reports on the stock. National Bank Financial increased their price target on shares of Boralex from C$24.00 to C$26.00 in a research note on Thursday, November 30th. Raymond James Financial increased their price target on shares of Boralex from C$24.50 to C$26.00 in a research note on Tuesday, October 24th. BMO Capital Markets reissued an “outperform” rating and issued a C$25.50 price target on shares of Boralex in a research note on Thursday, October 19th. TD Securities increased their price target on shares of Boralex from C$25.00 to C$26.00 in a research note on Monday, November 13th. Finally, CIBC increased their price target on shares of Boralex from C$24.50 to C$25.00 in a research note on Monday, November 13th.
The stock has a market capitalization of $1,780.00, a P/E ratio of -259.67 and a beta of 0.09.
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Boralex Company Profile
Boralex Inc is a power producer that develops, constructs and operates renewable energy power stations. The Company’s segments include wind, hydroelectric, thermal and solar. It operates an asset base with a capacity of approximately 1,260 megawatts (MW), of which over 1,090 MW are under its control, consisting of approximately 490 MW in Canada, over 520 MW in France and over 80 MW in the Northeastern United States.
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