Boralex Inc. Cl A (BLX), the Utilities sector company was revisited yesterday, and remains undervalued for at least one analyst on the street. The company received a Buy rating from CIBC’s analyst Mark Jarvi, with a C$23 price target.
According to TipRanks.com, Jarvi is ranked #2657 out of 5141 analysts.
Currently, the analyst consensus on Boralex Inc. Cl A is a Strong Buy with an average price target of C$23.44.
Boralex Inc. Cl A’s market cap is currently C$1.61B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.82.
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 Monday at C$18.05.
