Boralex Inc. Cl A (TSX: BLX), the Utilities sector company was revisited today, and remains undervalued for at least one analyst on the street. The company received a Buy rating from BMO Capital’s analyst Benjamin Pham, with a C$26 price target.
Pham has an average return of 13.1% when recommending Boralex Inc. Cl A.
According to TipRanks.com, Pham is ranked #602 out of 4869 analysts.
Currently, the analyst consensus on Boralex Inc. Cl A is a Strong Buy with an average price target of C$25.50.
Boralex Inc. Cl A’s market cap is currently C$1.47B and has a P/E ratio of 0. The company has a Price to Book ratio of 2.21.
Boralex, Inc. engages in the developing and building renewable energy power facilities. It operates through the following business segments: Wind Power Stations, Hydroelectric Power Stations, Thermal Power Stations, and Solar Power Stations. The company was founded on November 9, 1982 and is headquartered in Kingsey Falls, Canada.
The company’s shares closed on Tuesday at C$19.59.
